by Munish Mehan | Jun 1, 2023 | Uncategorized
Estate planning is not just about passing on your assets. It’s also about safeguarding them from potential creditors. Unforeseen liabilities can pose a threat to your financial stability and the well-being of your loved ones. To address these concerns,...
by Munish Mehan | Jun 1, 2023 | Uncategorized
Estate distribution is a complex matter, as each individual’s financial situation is unique. The extent to which your wealth passes outside of your estate can be influenced by proactive probate fee planning. The primary instrument for specifying how your assets...
by Munish Mehan | Dec 13, 2022 | Uncategorized
Doctor Jimmy is a single parent, who owns a professional corporation worth FMV of $ 3 million and an ACB of $0. He also has $900,000 in investments worth $3 million. After his death, there could be three layers of taxes. 1. A $3 million capital gain subject to...
by Munish Mehan | Dec 12, 2022 | Uncategorized
Are you ready to take control of your financial future and build a robust retirement plan? Look no further than the Registered Retirement Savings Plan (RRSP), a valuable financial tool designed to empower Canadian taxpayers to save for retirement while enjoying...
by Munish Mehan | Nov 16, 2022 | Uncategorized
When it comes to managing your finances within a corporation, it’s essential to consider the tax implications, especially when dealing with interest income. Interest-generating investments, such as Guaranteed Investment Certificates (GICs), can be a smart choice...
