by Endurance Wealth Partners Canada | Dec 23, 2021 | Estate Planning, Financial Literacy
If you were to imagine someone establishing a trust, you may picture an individual leaving their hilltop mansion and being driven by their chauffeur to stately law offices visited only by the rich and famous. In reality, a trust can be used by just about anyone to...
by Endurance Wealth Partners Canada | Dec 18, 2021 | Estate Planning, Tax Planning
One of the tax breaks the government gives to couples takes place when the first spouse passes away. That person’s Registered Retirement Income Fund (RRIF) can be taken over by the surviving spouse without taxes being payable at the time. So those funds continue to...
by Endurance Wealth Partners Canada | Dec 18, 2021 | Economic Insights, Investments
Today, more and more investors have greater expectations from the companies they invest in. It’s about more than companies turning a profit – it’s about how they do it. Are they protecting or harming the environment? Are they respecting or disregarding human rights?...
by Endurance Wealth Partners Canada | Dec 18, 2021 | Tax Planning
When you think of income splitting, what first comes to mind is likely moving taxable income to a lower-income spouse. But several income splitting opportunities with children are available and worth exploring. The more income you can transfer to others in a lower tax...
by Endurance Wealth Partners Canada | Dec 15, 2021 | Financial Planning
One key outcome of the pandemic is the harsh reminder that anything can happen at any time. Many Canadians recognized the importance of having a financial cushion – especially business owners affected by COVID-19 shutdowns and those unable to work. We can’t predict if...