Interested in maximizing retirement savings while minimizing taxes? Explore the RRSP/RRIF Meltdown Strategy.
Fostering Trust: Trusted Contact Person Initiative
Foster’s Family Office Group considers itself tasked with helping shepherd client wealth to the next generations, so we are delighted by the Trusted Contact Person (TCP) initiative.
Achieving Your Goals: The Harmony Between Fitness & Finances – Part 1
What do setbacks in health or fitness and finance have in common? Celeste Merey explores the shared challenges and approaches in Part 1 of her series.
Shield Your Legacy: Strategies to Safeguard Your Wealth from Probate Fees
In Canada we don’t have inheritance taxes, but we do have probate fees – how can you avoid them?
Navigating Financial Impact as a Caregiver
Are you navigating the caregiving journey and seeking ways to maintain financial stability while your fulfilling responsibilities? Explore this overview for essential insights into the considerations that can significantly impact your financial well-being in the midst of caregiving.
The Donor Advised Fund: A Turnkey Alternative to Setting up a Private Foundation
Have you ever thought of setting up a foundation to support something you are passionate about or to leave a legacy, but don’t know where to start?
Is an Individual Pension Plan (IPP) Right for You?
When used correctly, an IPP can be a super-powerful and tax-efficient investment and estate planning tool.
Secure Your Wealth — Beware of Financial Scams
Financial scams are quite common in Canada. However, there’s no need to be alarmed if you are well-informed and take precautionary steps to secure yourself and your family.
Rental Income Taxes – What You Need to Know
Extra sources of income are great, but then there’s the Canada Revenue Agency (CRA) lurking around for its share.
What is a Family Office?
Every wealthy Canadian family has someone who takes care of that family’s financial affairs. If you’re that person, you know this requires effort and expertise.
DISCLAIMER: Estimates and projections contained herein represent the views of the write and are based on assumptions which the writer believes to be reasonable. This information is given as of the date appearing on this report, and the writer and Foster & Associates Financial Services Inc (“Foster”) assume no obligation to update the information or advise on further developments relating to securities. The material contained herein is for information purposes only. This material is not intended to be relied upon as a forecast, research or investment advice, and is not to be construed as an offer or solicitation for the sale or purchase of securities, or as a recommendation for you to engage in any transaction involving the purchase of any Foster product. Investors should carefully consider the risks of investing in light of their investment objectives, risk tolerance and financial circumstances