Tax

Feds promise to help disabled

(October 2007) Families who care for disabled relatives frequently find themselves hard-pressed to come up with funding, but the upcoming registered disability savings plan may offer relief. The RDSP, expected to debut next year, will be open to anyone who qualifies for the Disability Tax Credit. That potentially covers some 742,000 Canadians, according to Statistics […]

By Romana King |October 23, 2007

5 min read

Disjointed rights part three: The Supreme Court decision

(February 2008) In May of last year, the Supreme Court of Canada released its two seminal decisions on joint accounts, upholding what at first seem to be seemingly contradictory results in each of the lower courts’ rulings. The cases in question were Pecore v. Pecore and Madsen Estate v. Saylor. While the cases are discussed […]

July 23, 2007

4 min read

Asset allocation gets more diverse

In an attempt to stay relevant in increasingly complex financial markets, more and more investment managers are thinking outside of the asset allocation box. Janet Rabovsky, senior consultant of Watson Wyatt Worldwide, says she’s starting to see a blurring of asset classes. “Private equity managers are getting involved in real estate, hedge funds have put […]

By Bryan Borzykowski |June 12, 2007

4 min read

Keeping the cottage in the family

(June 2007) Cottages are synonymous with family get-togethers, but without the proper planning, it’s the real estate agent who could be showing it off next summer. To prevent a client’s cottage from falling out of the family’s hands, it’s important to figure out who’s going to pay the capital gains tax once the cottage-owner passes […]

By Bryan Borzykowski |June 8, 2007

5 min read