Great News! CRA Prescribed Rate Loan is reduced to 1% beginning July 1st, 2020 - Join us for a webinar on the tax benefits May 27th at 2:00 pm E.T.

May 13, 2020 | Rhonda Hymers


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Webinar

Talking tax savings: Have you considered a prescribed rate loan strategy?

 

Wednesday, May 27

2:00 p.m. ET

 

In today’s economic climate, and with the newly published 1% CRA prescribed interest rate effective July 1, 2020, now may be a good time to consider the possible benefits of a prescribed rate loan strategy as part of your overall tax and wealth planning.

 

Please join us, with members of the RBC Wealth Management Services team, for a virtual discussion exploring the topic of prescribed rate loan planning, and why it may be a timely approach for some families. In this 45-minute webinar, our leading tax and wealth planning specialists will discuss a range of aspects, details and possible benefits related to a prescribed rate loan strategy, including: family income splitting strategies and attribution rules, loaning to a spouse, loaning to a family trust, funding children’s expenses and modifying an existing prescribed rate loan.

 

If you’re interested in signing up for this webinar event, please click on this link to register before May 15.

Speakers:

Allison Marshall, CPA, CA

Vice President, HNW Planning Services

and Financial Advisory Support,

RBC Wealth Management Services

Prashant Patel, ASA, CFP, TEP

VP, Business Owner Specialist,

High Net Worth Planning Services,

RBC Wealth Management Services


"The first step in achieving prosperity and wealth is learning to appreciate what you already have.” ~ Anonymous