All items in: Succession & Estate Planning

The “New” Sandwich Generation Need Both Financial and Emotional Support

Posted: July 07, 2017 VIA: Knowledge Bureau
Posted in: Strategic Thinking, Investment & Retirement, Succession & Estate Planning, Tax Planning
A demographic shift has been happening since 2000: the Canadian population continues to age and live longer, such that the number of seniors is becoming larger than the number of young people under 20, according to Statistics Canada. Financial advisors need to be concerned about the “new” Sandwich Generation.

Helping Your Clients with a Mid-Year Financial Review

Posted: July 07, 2017
Posted in: Strategic Thinking, Investment & Retirement, Succession & Estate Planning, Tax Planning
Now that the rush of tax season is over, how did your clients do? Were they faced with a big tax bill or did they receive a refund? Perhaps they feel as if they’ve had a less than stellar fiscal year, but they shouldn’t feel discouraged. As you know, mid-year is a great time to review financial goals and to make necessary changes now to ensure a better outcome next year. 

The Tax Implications of a Mid-year Business Transfer

Posted: July 04, 2017
Posted in: Strategic Thinking, Succession & Estate Planning, Tax Planning
Imagine you have a client who is five or six years away from retirement, manages a small yet successful consulting firm with ten employees, and is married with two grown-up kids. He’s thought about retirement and the idea of finding a successor for his business, but overall, he’s been pretty non-committal.

Working with Older Clients? You’ll Want to Understand the Use of Trusts

Posted: June 14, 2017 By : Knowledge Bureau
Posted in: Breaking News, News from the Bench, Succession & Estate Planning
Recent tax changes require forethought in planning for high-income earners, and in the preparation of final returns for deceased single taxpayers.

Make Hay While the Sun Shines! Time for Summer School

Posted: June 14, 2017 By : Knowledge Bureau
Posted in: Breaking News, Bookkeeping and Accounting, Investment & Retirement, Succession & Estate Planning, Tax Planning
Time to sign up for summer school with an early registration incentive at Knowledge Bureau. 

Financial Literacy Declines in Later Life: Dr. Michael Finke at DAC

Posted: November 17, 2015 By : Knowledge Bureau
Posted in: Strategic Thinking, Succession & Estate Planning
Those who earn more live longer, the longevity gap between men and women is closing and living close to your kids in retirement may turn out, well, differently than you may think. All of these factors and more will change how you think about retirement planning, according to Dr. Michael Finke, a keynote speaker at the Distinguished Advisors Conference (DAC) in Puerto Vallarta, Mexico, last week. But his biggest “aha” moments came from research on the financial literacy of seniors.