How To Eliminate CRA From Your Estate

Amelia ZhangBlog, Financial & Estate Planning

There is a BIG hole in most individuals’ tax planning – they try to reduce their annual taxes during their lives while rarely considering how much their estate will pay in taxes.

If this isn’t addressed, it can often lead to hundreds of thousands of dollars in taxes… sometimes millions of dollars in taxes. Sometimes the family cottage or other important assets must be sold to obtain the money to pay the taxes.

If you and your spouse had died yesterday, how much of your estate would Canada Revenue Agency (CRA) receive?

This is likely a big number and a significant percentage of your net worth. It’s critical you know this number and decide if you agree with CRA inserting themselves in your estate. I have yet to meet someone who knew this number before they were a client.

Three Steps To Eliminate Stress from Your Portfolio

Lisa HandleyBlog, Business & Personal Growth, Financial & Estate Planning, Investment Management, Money management, Retirement Planning, Stewardship

“I have absolutely no concerns about our financial future”. This was the unsolicited response at the end of a recent client review. This client is a more sophisticated investor with a long history of investing in many types of investments.

Volatility is Optional for High Net Worth Investors

Lisa HandleyBlog, Financial & Estate Planning, Investment Management, Money management, Retirement Planning, Stewardship

Are you tired of volatile equity markets? Want to escape the losses in your fixed income investments? If your investment portfolio exceeds $1M you can avoid the volatile equity markets, avoid losses in fixed income and generate solid, consistent returns. Ultra-high-net-worth investors and institutional investors have been doing this for decades with non-traditional investments.

pic of man at table

What We Can Learn from Canada’s Richest Families

Lisa HandleyBlog, Business & Personal Growth, Family, Family Business Succession, Financial & Estate Planning, Money management, Philanthropic & Legacy Planning, Retirement Planning, Stewardship, Wisdom for Life

I was on a webinar recently that featured Paul Desmarais III. Paul is the Chairman & CEO of Sagard Holdings ULC and SVP Power Corp. The Desmarais family is one of the richest families in Canada. Three things stood out for me. Click to read our blog to find out what you can learn from Canada’s richest families.

The Most Important Discovery I’ve Made In The Last Decade

Lisa HandleyBlog, Business & Personal Growth, Family Business Succession, Financial & Estate Planning, Generosity, Investment Management, Retirement Planning, WFL-3, Wisdom for Life

I am constantly learning; whether it is from great books (thank goodness for audio books) or great people who I have the privilege of interacting with.
Today, I want to share with you one of the most important discoveries I have made in the last decade.

It has revolutionized my life, reduced my stress, and made life incredibly more enjoyable.

It is called the ‘Belief Matrix’ and it was taught to me by my friend and mentor, Paul Anthes, of R3 Coaching.

How Rich Are You?

Lisa HandleyBlog, Family Business Succession, Financial & Estate Planning, Investment Management, Money management, Philanthropic & Legacy Planning, PLP-3

It has been reported that when John D. Rockefeller was asked by a reporter “How much is enough?” he responded, “Just a little bit more”.
Although he was one of the most financially successful businesspeople in America, his response resonates with most of us. Regardless of the riches we have accumulated, we all know others in our circles that we feel have accumulated more and we would like to have more.

How Much Is Enough

Lisa HandleyBlog, Family Business Succession, Financial & Estate Planning, Investment Management, Philanthropic & Legacy Planning, Relationships, Wisdom for Life

I find it interesting that we have a natural discernment of how much is enough for many aspects of our life. This includes the dinner table, although the Thanksgiving dinner table often pushes the limits to that natural discernment, it also includes our limits when grocery shopping or even exercising.