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Would you have trusted yourself with $1 million at 18?

For many families, the largest asset passing to their children may not be their investments or their home. It may be life insurance.

That means even parents who haven't accumulated a large estate could potentially leave hundreds of thousands, or even millions, of dollars to their children.

A properly drafted will can help control when and how children receive an inheritance, including using testamentary trusts to stagger distributions over time.

It's also important to be careful about naming minor children directly as beneficiaries of life insurance policies or registered accounts. Doing so can create additional legal and administrative complications while they're minors, and may ultimately result in them receiving the money outright at a young age.

Estate planning isn't just about minimizing tax. It's also about making sure the money reaches the right people, at the right time, and in the right way.

In this video, Jason Heath discusses some of the risks of leaving large inheritances to young heirs, and what parents should consider when naming minors as beneficiaries.

Would You Trust an 18-Year-Old With $1 Million? The Hidden Risk of Naming Minors as Beneficiaries

Many Canadians spend decades building up their RRSPs — but few stop to ask an important question: can your RRSP become too big?

It might sound like a good problem to have, but without a withdrawal strategy, a large RRSP can lead to:
• Higher tax bills in retirement
• Old Age Security (OAS) clawbacks
• Larger mandatory withdrawals than you actually need

The good news? With proactive tax planning, you may be able to reduce the tax impact before mandatory withdrawals begin.

In this video, Nancy Grouni, CFP, PFP, at Objective Financial Partners Inc. explains why your 50s and 60s can be the ideal time to develop a tax-efficient withdrawal strategy — and why waiting until age 72 could cost you.

Have you thought about how you'll withdraw your RRSP in retirement, or have you focused mostly on building it?

Can Your RRSP Be Too Big? Build a Tax-Efficient Withdrawal Strategy Before It Could Cost You

When you have a child with a disability, one of the biggest questions is how to ensure they're financially supported and cared for in the future — even when you're no longer able to provide that support yourself.

In this video, Jeff McCartney, CFP at Objective Financial Partners Inc. explains the Registered Disability Savings Plan (RDSP) — a powerful but often overlooked tool for families who qualify.

From government grants and bonds to long-term, tax-deferred growth, an RDSP can play an important role in building financial security for a loved one with a disability.

If you're wondering whether an RDSP could be part of your family's financial plan, this is a great place to start.

To Book a complimentary intro call with Jeff: https://app.acuityscheduling.com/schedule/d6cb228c/appointment/71401002/calendar/11137310?appointmentTypeIds[]=71401002

RDSP Explained: Financial Planning for a Child with a Disability, Jeff McCartney, CFP

A lot of Canadians are surprised by how much tax can be payable when they die.

On the first death of a spouse, tax can generally be deferred. On the second death, it can be a very different story.

RRSPs and RRIFs may become fully taxable, and accrued capital gains on investments, cottages, and other assets can also trigger tax. For larger estates, the tax bill can be significant.

In this video, I explain how tax on death works in Canada — and some of the planning that can be done during your lifetime to reduce it.

Estate planning isn't going to bring you bad luck. But ignoring it can leave fewer dollars for the people and causes you care about.

Tax on Death in Canada: How Much #tax Will You Pay When You Die in #canada ? What Every Estate Owes

DIY investing has never been easier. But managing your investments in your 70s and 80s can be much harder than managing them in your 30s and 40s.

Retirement brings more complicated decisions:
• When to take CPP and OAS
• Which accounts to withdraw from first
• How to minimize taxes
• How to manage RRIF withdrawals

There's also something many investors don't plan for: cognitive decline.

Every DIY investor should have a succession plan — whether that means simplifying your portfolio, documenting your accounts for your spouse, or deciding in advance when you may want professional help.

Doing it yourself today doesn't have to mean doing it yourself forever.

#diy #investing is easy...until it isn't. The DIY Investor's Succession Plan (Before You Need One)

Many couples assume pension income splitting will solve any retirement income imbalance later on.

The reality is more nuanced.

In this video, Jason Heath explains why spousal RRSPs can be an important planning tool long before retirement, especially when one spouse is expected to have a much larger pension or RRSP balance.
Planning early can help reduce lifetime taxes for both spouses and provide more flexibility if retirement income ends up uneven.

Watch the video to learn how pension income splitting and spousal RRSPs can work together in a retirement plan.

#RetirementPlanning #SpousalRRSP #PensionIncomeSplitting #TaxPlanning #CanadianRetirement #FinancialPlanning #RetirementTips #ObjectiveFinancialPartners

Is Pension Income Splitting Enough? Are Spousal RRSPS a Good Idea?

Market timing sounds exciting, but it’s one of the biggest risks investors take. Missing just a few key days can significantly reduce long‑term returns.

Disciplined investing and the right asset mix matter more than trying to call market highs and lows.

Over time, a steady, well‑built portfolio wins more often than market timing ever will.

The big takeaway: Diversification isn’t about predicting which market will win next. It’s about reducing risk and giving your portfolio exposure to opportunities wherever they arise.

If you’ve been focused only on U.S. stocks, this may change the way you think about building a long-term investment portfolio.

#investing
#diversification
#sp500
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#canadianinvesting
#internationalinvesting
#stockmarket
#portfoliomanagement
#financialplanning

Why U.S.-Only Investing Can Be Risky (2025 Market Surprise) Jason Heath Objective Financial Partners

How much do you really need to retire in Canada?

In this video, Jason Heath explains why there’s no magic number. What matters more than your net worth is your spending.

Are you retiring at 55 with a 40 year runway, or at 70 with a shorter time horizon and different health considerations?

Your investment approach matters too. A conservative GIC investor will generally need more than someone invested in low cost stock ETFs who isn’t fazed by market volatility.

Retirement planning isn’t one size fits all. It’s personal

Retirement Depends on You, Not a Number

Many people wonder whether they have enough to retire comfortably, help their kids with a home down payment, or step back from a stressful job. This video explains what “enough” really means in retirement planning and how to evaluate your financial readiness with clarity instead of stress.

Keywords: retirement planning, do I have enough to retire, how much do I need to retire, financial planning, wealth management, personal finance, investing, financial independence, retirement readiness, retirement savings, financial clarity

#RetirementPlanning #FinancialPlanning #WealthManagement #PersonalFinance #Investing

Do I Have Enough to Retire? Here's the Real Answer. Objective Financial Partners Inc, Jason Heath