Many Canadians are attracted to U.S. property but need to be aware of the associated costs and taxes
The range and complexity of taxes that arise on departure can be daunting for affluent clients
As middle-aged clients re-examine their religious and ethical beliefs, their attitudes toward finances may change
Advisors can help resolve tensions among siblings while building a trusting relationship with the family
They should consider what type of eldercare options they may prefer and how they plan to pay for them
A stay in a U.S. hospital can cost $10,000 a day; provincial plans cover only a fraction of that
No one wants to think the unthinkable when planning a trip abroad. But your boomer and snowbird clients should face the possibility that they could die while they are outside Canada, particularly if they are looking for retirement properties in tropical regions or already spending a significant portion of each year in the U.S. or […]
There’s often a significant downside to undocumented services
Before clients leave Canada, they’ll need to ensure that wills and powers of attorney are up to date.> WILLS. Of course, your client already has a valid Canadian will. It is valid for property outside Canada, so if the client has a vacation home elsewhere, there is no need to draw up a second will […]
Moses Znaimer sets out to the serve the new “zoomer” culture