If you have a client who is a “senior” be concerned about them. Here are some general concerns or red flags regarding an older adults in terms of incapacity, vulnerability …
Corporate-Owned Life Insurance: A Powerful Tax Strategy for Business Owners
Corporate-owned life insurance (COLI) has evolved into one of the most tax-efficient planning tools available to Canadian business owners, incorporated professionals, and private corporations. While advertisements often summarize the concept …
The Do’s and Don’ts of a Continuing Power of Attorney for Property
A continuing power of attorney for property is one of the most powerful estate planning tools available in Ontario. It allows someone you trust—your “attorney”—to manage your financial affairs if …
When an Estate Plan Creates a Trustee Conflict
Moghadam v. Moghadam 2025 ONSC 4695 Estate planning often aims to simplify the administration of an estate and prevent conflict. But in Moghadam v. Moghadam, the Ontario Superior Court confronted …
FHSA – First Home Savings Account
(Introduced 2023) The First Home Savings Account (FHSA) is a tax-advantaged registered account created by the federal government in 2023 to help first-time homebuyers save more efficiently for a down …
Understanding RESPs: Save for a Child’s Education
Planning for a child’s post-secondary education can feel overwhelming, but Canada offers one of the most powerful tools available to families: the Registered Education Savings Plan (RESP). This plan combines …
Understanding RRIFs: A Practical Guide for Retirement Income
As Canadians approach retirement, one of the most important financial transitions they face is shifting from saving to spending their accumulated wealth. A key tool in this phase is the …
Understanding the RRSP
RRSP The Registered Retirement Savings Plan (RRSP) is one of Canada’s most important financial planning tools. While the TFSA offers tax-free growth, the RRSP provides tax-deferred growth and immediate tax …
Avoid Taxation: Use a TFSA
Understanding the TFSA The Tax-Free Savings Account (TFSA) has become one of the most powerful financial tools available to Canadians. Whether you’re saving for retirement, building an emergency fund, or …
Court of Appeal Confirms Strict Limits on Revoking Beneficiary Designations
Court of Appeal Confirms Strict Limits on Revoking Beneficiary Designations Alger v. Crumb, 2023 ONCA 209 The Ontario Court of Appeal has reaffirmed a key principle in estate planning: a …