by Jason Heath | Apr 23, 2019 | Jason Heath, MoneySense Magazine, News
The article “How To Handle Death Inside A Joint Investment Account” was originally published on MoneySense on April 23, 2019. After Vee’s father passed away, her advisor made some transactions that she’s now questioning. Q. My father had two investment...
by Jason Heath | Apr 16, 2019 | Financial Post, Jason Heath, News
The article “For Common-Law Couples, Estate Planning Is Full Of Pitfalls. Here’s How To Avoid Some Of Them” was originally published on Financial Post on April 16, 2019. Couples who are common-law can have a unique set of financial planning...
by Jason Heath | Apr 16, 2019 | Jason Heath, MoneySense Magazine, News
The article “How To Calculate Capital Gains And Losses On Rental Property” was originally published on MoneySense on April 16, 2019. Chris’s rental property used to be his principal residence. After enduring some bad tenants, he’s looking to sell. Q. I am...
by Jason Heath | Apr 10, 2019 | Jason Heath, MoneySense Magazine, News
The article “An Easy Guide To Income Splitting For Seniors” was originally published on MoneySense on April 10, 2019. Cindy and her husband are looking for strategies to help them save on taxes in retirement. Q. My husband and I are both retired. He still...
by Jason Heath | Apr 3, 2019 | Jason Heath, MoneySense Magazine, News
The article “The Ins And Outs Of Tax And Estate Planning For A RRIF” was originally published on MoneySense on April 3, 2019. 81-year old Lydia wants to minimize tax and maximize the estate value of her RRIF on death. Q: I’m 81, single, female, with around...
by Jason Heath | Mar 26, 2019 | Jason Heath, MoneySense Magazine, News
The article “Can I Have A Multi-Generational RESP?” was originally published on MoneySense on March 26, 2019. If money is left over in your child’s RESP you can in theory use it for your future grandkid’s education, with some big caveats Q: I...
by Jason Heath | Mar 22, 2019 | Financial Post, Jason Heath, News
The article “Meet The Budget’s New RRSP Strategy That Every Retiree Should Know About” was originally published in Financial Post on March 22, 2019. Called an ALDA, it and other annuities act as an insurance policy outliving your money As life...
by Jason Heath | Mar 19, 2019 | Jason Heath, MoneySense Magazine, News
The article “How To Avoid A Pension Clawback From A One-Time Event” was originally published on March 19, 2019. Mike wants to know what can be done to avoid a reduction in government pension income due to a one-time event. Q: Are you aware of the “one-time...
by Jason Heath | Mar 12, 2019 | Jason Heath, MoneySense Magazine, News
The article “The Best Way To Transfer Investments To Your Spouse” was originally published on MoneySense on March 12, 2019. Dean has investments that he wants to transfer to his spouse. There are tax implications depending upon how the transfer occurs...
by Jason Heath | Mar 5, 2019 | Jason Heath, MoneySense Magazine, News
The article “After Inheriting A RRIF Account, How To Know What You Owe The Taxman” was originally published on MoneySense on March 5, 2019. Randy’s wife is the beneficiary of her late mother’s RRIF, and she wants to avoid penalties and interest on the tax...
by Jason Heath | Feb 25, 2019 | Jason Heath, MoneySense Magazine, News
The article “Should Retirees Pay Off Their Mortgages With Investments?” was originally published on MoneySense on February 25, 2019. Liz has just retired and wonders if she should use her investments to pay off her mortgage, despite her advisor’s advice to...
by Jason Heath | Feb 20, 2019 | Jason Heath, MoneySense Magazine, News
The article “How Does A LIRA Work After A Pension Transfer?” was originally published on MoneySense on February 20, 2019. Ted is confused about his investment options after leaving a DC pension, and whether his pension money would be better off in a...
