by Rona Birenbaum BAS CFP®, CHFS | Aug 2, 2024 | Estate Matters
No one lives forever. Before our inevitable demise, many of us will face a period of mental or physical incapacity. As unpleasant as this is to consider, it’s wise to do so while you are healthy. Incapacity can come in many forms, ranging from dementia, severe...
by Rona Birenbaum BAS CFP®, CHFS | May 1, 2024 | All About Tax, Estate Matters
As the days get longer and the weather warms up, many of us get into spring cleaning mode. This year, we encourage you to include your financial affairs in your annual spring cleaning. Here are our top spring-cleaning tips: Review your wills, powers of attorney and...
by Rona Birenbaum BAS CFP®, CHFS | Feb 26, 2024 | All About Tax, Estate Matters
New – Bare trusts are exempt from trust reporting requirements for 2023 Starting in the 2023 tax year, new trust reporting requirements came into effect that require many Canadians to start filing a trust tax return (specifically, a T3 and Schedule 15 forms). As part...
by Sara Ready CFP® | Jan 4, 2022 | All About Tax, Estate Matters
As real estate prices rise in Ontario, so are the related probate fees on that property when settling your estate. Might you be one of the lucky Ontarians that can avoid probate fees on your real estate? If you’ve owned a property in Ontario for at least 15 years, you...
by Rona Birenbaum BAS CFP®, CHFS | Nov 11, 2019 | All About Investing, All About Tax, Estate Matters, Retirement, Risk Management
Have you ever been uncertain about what your portfolio equity allocation should be? You may have relied on the “100 minus your age” rule. It determines this ‘magic asset mix’ for you in seconds! For example, at age 65 you would have 35 percent in equities and 65...
by Rona Birenbaum BAS CFP®, CHFS | Nov 4, 2019 | All About Investing, Estate Matters, Retirement
If you are close to retirement or are currently retired, you may have heard about the 4% rule. It was designed to help retirees determine how much of their portfolio they should withdraw in the first year of retirement (indexed to inflation in future years) to...
