Category Archives: Educational Resources

As fiduciaries, executors and trustees owe numerous duties to both the estate and to its beneficiaries. This article addresses a particular trustee duty, namely the duty to invest the trust property. A trustee is required to obey the trust deed … Continue reading →

In Part 1 of the articles, I highlighted the importance of choosing a benefactor for your TFSA and the tax outcome with each type. I will continue with the three remaining methods of how to transfer your TFSA upon death. … Continue reading →

The introduction of the Tax-Free Savings Account (TFSA) from the Conservative government in 2009 provided all Canadians with the opportunity to accumulate monies tax-sheltered and tax-free upon withdrawal. It can be a great source of tax-free retirement income preventing or … Continue reading →

From Jan. 1, 2015 various changes relating to the Estate Administration Tax Act have become effective. While these changes seem administrative in nature, a deeper look reveals they can make estate administration and the probate process more onerous, costly and … Continue reading →

The inspiration for this article came from a friend, an incorporated physician and director of a prominent downtown clinic. The last time I visited him, the topic of tax efficiency and pensions came up. I asked if he paid into … Continue reading →

How would you like to invest money on a tax sheltered basis that you could access if needed and also be able transfer wealth tax-free to your child and your grandchild when you decide? In other words, create something like … Continue reading →