There are many tax, investment and estate planning strategies available throughout an individual’s lifetime, but there are also some that are more relevant for those age 65 and over. The following is an overview of six commonly used strategies:

Note: Any reference to a “spouse” also includes a common-law partner.

1. Income Splitting
2. Tax Minimization 
3. Government Benefits
4. Tax Credits
5. Trusts
6. Gifts and Donations

For a detailed breakdown of each strategy, click here