The Wealthy Barber: Get an up-to-date will!

Aug 05, 2019 |RBC Wealth Management

I continue to be amazed by, and distressed over, the number of otherwise-responsible people I deal with who don’t have an up-to-date will.

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How do you want to leave your financial legacy?

Jun 27, 2019 |Nida Imran

"The act of passing on your wealth is much more than dollar figures; it’s about ensuring that your wealth endures to benefit future generations."

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The Wealthy Barber on why a DIY approach for executors is often unwise

Feb 20, 2019 |RBC Wealth Management

Being an executor is a huge responsibility and frequently involves a tremendous amount of time and stress. Why not get help? —David Chilton

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Why The Wealthy Barber won’t act as executor for even his closest friends

Dec 04, 2018 |RBC Wealth Management

I refuse to take on the executor role for even my closest friends’ wills. If you’re wondering why, you’ve probably never been an executor. —David Chilton

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A remedy for business owners suffering from pension envy

Nov 05, 2018 |William Vastis
If you are a business owner eager to enjoy similar benefits of those offered by the defined benefit pension-plans, the Personal Pension Plan (PPP) may be an option for you. To learn more about the PPP check out this article written by Jonathon Chevreau...
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Canadian Vacation Property Sucession Planning

Oct 29, 2018 |William Vastis
Vacation properties go by many names: cottage, chalet, camp, cabin or secondary home. Regardless of what they call it, many Canadians receive great personal enjoyment from their vacation property. Some owners feel it is important to keep the vacation...
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How to make a success of succession when passing on the family business

Oct 15, 2018 |William Vastis
Following along our summer theme of managing family business, and succession planning here is another great article from the Globe and Mail on how to successfully transfer the reigns of a family business. The article tells the story of a Toronto father...
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Taxation of business income in a corporation

Sep 17, 2018 |William Vastis
Today we continue with our series of articles that explains how different types of income are taxed in a corporation and explore some of the key issues to consider when you have surplus cash in your corporation. The purpose of this article is to review...
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Charitable Donations Through Your Corporation

Sep 03, 2018 |William Vastis
If you are a business owner you can potentially benefit from additional tax efficiency strategies. To encourage charitable giving, the government provides a corporation with a tax deduction when the corporation makes a donation to a registered charity...
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Moving to Canada

Jul 17, 2018 |William Vastis
Are you a newcomer to Canada, or have you ever had an extended time away and thinking of moving back? If either of these describe your current situation, check out the article below that has an overview of the Canadian tax system and planning strategies...
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