Michael Bronstine Assuming that a corporation is nearing or exceeding the $50,000 threshold for passive income, here are some strategies to consider reducing the impact to the SBD Limit. Withdrawals to permit RRSP or TFSA contributions Given current tax rates, where you are a business…
Michael Bronstine I have been asked by many readers of our newsletter to explain LCGE rules. The LCGE is the amount of appreciation or gain a qualifying investment can have and still be exempt from taxation on the disposition of the asset. A qualifying investment…
We are very excited to announce that we are launching a technology partnership with ReadyWhen; a simple, secure, and fast digital Estate management solution. Why did we partner with ReadyWhen? We want to offer protection that goes beyond traditional financial planning. We want to give…
By: Michael Bronstine November 2021 “They say the greatest job in the world is being a grandparent” Many older high-net-worth individuals are looking for ways to preserve their wealth not just for their kids, but for several generations. Baby boomers have accumulated so much cash…
By Michael Bronstine As many people with significant assets near retirement, they often want to know what is wealth management and what it can offer. Wealth management entails all management functions of a person’s wealth and assets. This includes both financial planning and investment management services. In contrast to other…
Michael Bronstine September 2021 If you think a financial planner only handles your RRSPs or taxes, or that financial planning is the same as investment planning, you are only seeing part of a much bigger picture. In fact, you may be missing out on many…
By Todd Gotlieb If you’re angling to join the ranks of the upper middle class or the rich, it helps to get inside their heads. What makes them tick? What are their financial goals? Further, what do the rich worry about when it comes to…
By Michael Bronstine Knowing the answer can help maximize your wealth For clients with a couple of properties, selling one or both means they have a tough tax decision to make. Only one principal residence per year can be exempt from capital gains tax, so…
If you want to hike your investment returns and pay less in taxes, life insurance might be able to help. Michael Bronstine explains three strategies Life insurance. After just those two words I can sense your attention starting to waver. But if you are a…
Todd Gotlieb September 2021 When high-net-worth investors consider using our firm, which manages wealth and offers a host of comprehensive portfolio management services, the documents they initially share with us often reveal the same set of mistakes. We find this is the case whether they’ve…