Many parents and grandparents today are concerned about inter-generational wealth planning. Trusts can play a significant role in passing on wealth and/or corporate interests to the next generation(s) in a controlled and private manner. We found the following article “Why you may need or want to set up a trust in your estate” by Brenda Bouw in the […]
Tuesday Talks with Brian Etherington: Trusts – A Significant Role in Passing on Wealth
January 16, 2017
Transition into First Stage of Retirement Planning: Independence
January 15, 2017
As we journey through the joys and challenges of Family, Career and Community we seldom take the time from 30,000′ to think about the penultimate destination – retirement. The happy news is that 78% of Canadians over age 65 feel good about their overall health and expect to live to age 86. The experts advise […]
Life Insurance as a Safe and Tax Effective Asset Class
August 4, 2015
My June 23rd, 2015 article entitled: “Fixed Income Considerations”, spoke to how Insured Deposit Funds (IDF’s) are forming meaningful portions of the fixed income portfolios of Canadians. An excellent background paper on this subject is: “Life Insurance as an Asset Class” in which its co-authors, Wayne Miller, BMATH, ASA, ACIA and Sally Murdock, MMATH, MMF, […]
Philanthropic Giving in Canada Part 6 – Recap
May 15, 2015
As we have noted in the first article of this series, the three most significant motivating factors behind a donor’s gift are a compassion for those in need; a belief in the cause and the tax effectiveness of the gift. Charities and “not for profits” need to develop an understanding of and respect for the […]
Philanthropic Giving in Canada Part 5
May 2, 2015
Example: The Gift that Keeps on Giving Assume you are considering making a charitable gift of $1 million. If you made that gift today, you would receive an income tax credit for this amount and receive a refund of $500,000, leaving a net cost of $500,000. You could also just make a gift today of […]
Philanthropic Giving in Canada Part 4
April 21, 2015
Tax Assistance for Charitable Donation Example: Tax Assistance for Gift of Cash vs. Publicly Traded Securities Cash Publicly Traded Securities Fair Market Value of Donation $1,000,000 $1,000,000 Top Marginal Tax rate 46% 46% Value of Charitable Donations Credit (A) $460,000 $460,000 Typical Cost Base Security $400,000 Capital Gain Security $600,000 Capital […]
Philanthropic Giving in Canada Part 3: How & Choice
April 7, 2015
To gain any tax benefits, gifts must be directed to one of the 85,000 charitable organizations authorized by CRA to provide tax receipts for donations. Gifts made during the donor’s lifetime (inter vivos) are eligible for a tax credit up to 75% of the donor’s net income. Any unused excess can be carried forward for 5 years. Gifts made on […]
Philanthropic Giving in Canada Part 2: What? Immediate or Deferred
March 7, 2015
If financial planning is the art of wealth accumulation then estate planning is the science of its successful distribution. Planned Giving is where the donor’s legacy thinking and objectives meet the tax efficiencies supported by the Canada Revenue Agency (CRA). CRA’s definition of a gift: “Voluntary transfer of property without valuable consideration” Is the […]
We have hired our new Client Service and Underwriting Assistant
August 17, 2013
We are very pleased to welcome Shaheeda Nagil to the Etherington Generations team as our new Client Service and Underwriting Assistant. Shaheeda brings with her many years of experience in the insurance world and will be a valuable addition to our organization.
We are hiring for a Client Service and Underwriting Assistant
July 15, 2013
Etherington Generations is looking to hire someone with fantastic customer service skills, who enjoys working with people, is organized, efficient, savors resolving servicing challenges and has some experience in the insurance industry. To download a pdf of the posting please click here
