by Denis Bugeja | Sep 6, 2024 | blog, Business Owners, corporate, financial advice, financial planning, incorporated professionals, individuals, Investment, tax
The Canadian government recently introduced big changes to capital gains in the 2024 Federal Budget. You’re probably wondering how it will affect you and/or your business moving forward. These changes, particularly the increase in the inclusion rate on capital gains...
by Denis Bugeja | Sep 2, 2024 | blog, Insurance, life insurance
Considering that the proceeds of a life insurance policy are received tax-free upon the death of the life insured, it is not surprising that the premiums for the policy are not tax deductible. There are two circumstances, however, where premiums would be deductible...
by Denis Bugeja | Aug 6, 2024 | blog, Estate Planning, Family, financial advice, financial planning
Are you a parent or grandparent interested in transferring wealth to your kids or grandkids in a tax-efficient way without compromising your own financial security? Cascading life insurance could be for you. This approach not only leverages the cost-effectiveness of...
by Denis Bugeja | Aug 1, 2024 | blog, pension plan, retirees, Retirement
New Rules governing the Canada Pension Plan took full effect in 2016. Under these rules, the earliest you can take your CPP Pension is age 60, the latest is 70. The standard question regarding CPP remains the same – should I take it early or wait? If you take it...
by Denis Bugeja | Jul 9, 2024 | blog
Do I Need Critical Illness Insurance? Nobody plans to get diagnosed with a critical illness in their lifetime. We’re all going to be perfectly healthy and live to meet our great-great-great grandkids, right? The statistics on critical illnesses in Canada underscore a...
by Denis Bugeja | Jul 1, 2024 | blog, critical illness insurance, disability, Disability Insurance, Estate Planning, Family, Insurance, life insurance, long term care
The Sandwich Generation was a term coined by Dorothy Miller in 1981 to describe adult children who were “sandwiched” between their aging parents and their own maturing children. There is even a term for those of us who are in our 50’s or 60’s with elderly parents,...
