Many people think a trust is an estate planning tool used only by patriarchs of dynasties. But for those who would like to provide their heirs with more tax-efficient income, or to be able to control how they receive their…
Can you imagine a better time to purchase a vacation home in the States? Real estate prices are low in many idyllic destinations, including Florida, California, Texas, and Arizona. Add the stronger buying power of the Canadian dollar, and owning…
Outside of a registered plan, anytime you transfer money from one mutual fund to another, you are typically taxed on any capital gain. With corporate class funds, investors have the freedom to switch or rebalance among funds without immediately triggering…
Over the last three decades of low or declining interest rates, annuities have been less attractive to retirees as a retirement income option. Instead, retirees have been turning to Registered Retirement Income Funds (RRIFs).
However, in an age where more…
While experts agree that fixedincome securities are an essential part of every portfolio, rising interest rates combined with the staggering array of new and old fixed-income products now available makes choosing and managing them a potentially overwhelming task. But it…
No one wants to leave a legacy of family discord. But the fact is that family harmony can suffer when wealth is transferred to the next generation. Rifts among siblings and family members can last for decades or lifetimes. Some…
Protecting your health is an important priority and should be a factor in your retirement planning. The key is physical fitness. Not only does physical fitness increase your odds of living longer and enjoying a better quality of life, but…