Download as PDF How can we raise financially confident children and grandchildren in an increasingly complex world filled with distractions? Many of our clients, for example, are concerned that the next generation won’t possess the financial literacy needed to inherit family wealth. The good news is that while introducing healthy
investors are advised to tread carefully, for every tragedy is fraught with unforeseen plot twists. Wise investors must navigate this stage with prudence, diversify their portfolios, and stay abreast of the evolving dynamics between these key players.
Because every client’s situation is unique, it is impossible to craft a retirement funding plan that considers every possible scenario. Spending shocks, changes in family status and foreign taxation are examples of events that can lead to different planning outcomes. Having a deep understanding of your spending and estate planning needs, knowing when further analysis is warranted, appreciating any assumptions and stress-testing the results under different scenarios is key when developing a successful retirement funding plan.
The stakes are high, and the dance between inflation and deflation continues. As the dust settles, we propose that a slow-growth deflationary environment is a risk that investors must brace for. The economic future may be uncertain, but with vigilance, strategic planning, and a willingness to challenge consensus, we can navigate the storm and emerge stronger on the other side.
it is worth noting that we anticipate a significant decline in interest rates over the coming years. This expectation is based on the prevailing economic conditions and central bank policies that aim to stimulate economic growth. Generally, lower interest rates positively impact equity markets as they make borrowing cheaper for companies, encourage consumer spending, and increase the attractiveness of stocks compared to fixed-income investments.
This RESP decision tree outlines the different withdrawal options available depending upon the students circumstances.
Download our province and territory-specific 2023 Personal Tax Planning Cards below. Alberta Tax Planning Card British Columbia Tax Planning Card Manitoba Tax Planning Card New Brunswick Tax Planning Card Newfoundland and Labrador Tax Planning Card Northwest Territories Tax Planning Card Nova Scotia Tax Planning Card Nunavut Tax Planning Card Ontario
Canadians have access to a plethora of tax-preferred vehicles for saving and investing, each of which provides unique planning opportunities and trade-offs, as well as their own rules and conditions that must be followed. With so many options, determining the best use for each type of account as part of a comprehensive wealth plan can be challenging. The attached table summarizes the key features of the most common registered plans and links to articles with more detailed information.
Download this article as a PDF. The transfer of family businesses to the next generation has long been a contentious tax issue. Owners rightfully expect the same tax benefits when selling their businesses to their children or other relatives as if they had sold to a third-party purchaser. Fiscal policy,
Wellington-Altus Private Wealth —the top-rated* wealth advisory company in Canada and one of Canada’s Best Managed Companies. With more than $25 billion in assets under administration and offices across the country, Wellington-Altus identifies with successful, entrepreneurial advisors and portfolio managers and their high-net-worth clients.
Planning for the financial needs of a person affected by a disability requires a multi-faceted process involving both financial and non-financial considerations. An RDSP is just one element of the beneficiary’s and their family’s larger life, tax and estate plan.
While there are challenges and hurdles to overcome, the potential benefits of blockchain are too great to ignore, which is why Wall Street is finally taking the big plunge to enhance the efficiency and transparency of capital markets.
The opinions contained herein are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Wellington-Altus Private Wealth. Assumptions, opinions and information constitute the author’s judgement as of the date this material and subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. All third party products and services referred to or advertised in this presentation are sold by the company or organization named. While these products or services may serve as valuable aids to the independent investor, WAPW does not specifically endorse any of these products or services. The third party products and services referred to, or advertised in this presentation, are available as a convenience to its customers only, and WAPW is not liable for any claims, losses or damages however arising out of any purchase or use of third party products or services. All insurance products and services are offered by life licensed advisors of Wellington-Altus.
