In this second part of two articles, we’ll look at fourth option for transferring an RRSP at death, and how you can help.
Is foreign property still as financially attractive as it was in the past? Read about the current trends and implications of owning U.S. property.
The capital dividend account allows for tax-free dividend payments from a private corporation to an individual.
If you have clients planning to leave gifts or assets to heirs in the U.S., help prevent them and their heirs from getting snared in one of these 3 potential tax traps.
It’s not uncommon for Canadians living or working in the U.S. to own U.S.-based individual retirement accounts (IRAs) or qualified retirement plans such as 401(k) plans. A return to Canada may have them wondering: “What do I do with that money?” Last month’s Retirement Resource Centre article, Canadians with U.S. retirement plans: Things to consider […]
Need-to-know information for Canadians with IRAs and 401(k) plans.
Do you have clients looking to donate to a favourite charity, for the first time or through their legacy? Either way, there are considerable tax credits to discuss. Find out what you need to know with ways to provide passive retirement income and a charitable donation strategy.
How will new tax rules affect your clients?
What happens when an attorney sets up an inter vivos trust for a donor under a power of attorney? Follow Frank’s situation to see how common these scenarios can be, along with the benefits, disadvantages and considerations.
What an international effort may mean for some Canadians.