RRSPs and Creditors
Many people are not aware of the creditor protection associated with designating a beneficiary to an RRSP…..
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Estate Planning, InvestmentsWhat charity ratings really tell us
re we in danger of reducing complex community organizations to caricatures, ignoring public benefit in our rush to look at fundraising costs and operating reserves?….
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Estate Planning, Philanthropy/Charitable Giving, WillsTax Reporting Obligations for Trustee and Executor Fees
In general, the payment of amounts for services rendered triggers some form of tax reporting and often, an obligation on the payer to withhold and remit amounts on account of tax. Payments made to trustees and executors are no different.
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Canada Revenue Agency, Canadian and US Tax Treaty, Estate Administration, Estate Planning, Executors, Liability, Passing Of Trustees’ and Executors’ Accounts, Trustee, TrustsEstate Planning and RESPs
Registered education savings plans (“RESPs”) have become a popular financial planning tool for saving money for a child’s post-secondary education. However, they raise many issues from an estate planning perspective that deserve consideration…..
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Estate Administration, Estate PlanningLONG TERM CARE INSURANCE – Is It An Overlooked Consideration in Your Estate Plan?
Have you heard about Long Term Care Insurance and wondered what it was had a place in your estate plans? LONG TERM CARE INSURANCE is coverage which pays a daily benefit for care either at home or in a facility when two or more activities of daily living cannot be performed. ….
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Canada Revenue Agency, Estate Administration, Estate Planning