Tax

Testamentary trusts still useful

For many Canadian families a straightforward transfer of assets will meet their primary estate planning needs. But increasing complexity around issues of asset control, protection and tax-efficiency can make the use of trusts a better option.

August 12, 2013

3 min read

Boomers give more to charities

Boomers in the U.S. contribute 43% of all giving, finds a new study. Meanwhile, 11% of Gen Y donates to charities, and 20% of Gen X.

By Staff |August 9, 2013

1 min read

Two ways to deduct interest

Borrowing to invest doesn’t always lead to tax deductions.

By Stella Gasparro |August 8, 2013

3 min read

Tax problems with cross-border life insurance

When Patricia was six, her parents’ Californian advisor suggested they buy basic whole life insurance for Patricia and her two siblings under the umbrella of one of their own policies. When she left for Harvard at 18, her parents transferred the policy to her name.

By Dean DiSpalatro |August 7, 2013

4 min read