Tax Strategies

Tips for giving inheritances to disabled children

If a disabled client receives an inheritance, it can interfere with federal and provincial social assistance benefits. So you must do special planning to prevent any erosion of benefits, while allowing assets to build for the future.

By Carol Bezaire |July 5, 2012

4 min read

Make sure clients declare all income

Clients must report everything to CRA — even if it seems immaterial

By Jamie Golombek |June 7, 2012

4 min read

How sales charges impact registered accounts

What’s the tax impact of DSC fees? The charges may apply to both registered and non-registered investments, but if clients want to withdraw from RRSPs, RRIFs and TFSAs, they should know the tax implications of DSCs.

By Wilmot George |June 1, 2012

4 min read

How to destroy an inheritance

There are two certainties in life – death and taxes

By Wilmot George |May 30, 2012

5 min read