<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192437601262779&amp;ev=PageView&amp;noscript=1">

KNOWLEDGE IS POWER

Stay up-to-date with the latest news, research and investment ideas from our experts.

Featured MacMillan Strategy: Prescribed Interest Rate Loan

If you are paying the highest marginal rate of tax, income splitting with your low-income family members via a prescribed interest rate loan can substantially reduce your collective tax bill by thousands dollars. Basically, this strategy involves a high-income individual lending money to a trust established for the benefit of a low-income family member at the CRA prescribed interest rate to decrease their collective tax bills.

Click here to discover more estate planning strategies.

Recent Insights

Ask an Expert | January 21st, 2023

Life insurance as part of estate planning

 

Ask an Expert | January 15th, 2024 Estate planning strategies in 2024 (Calgary)

Ask an Expert | January 15th, 2024
Strategies for estate planning in 2024 (Edmonton)

Latest Articles

Popular Written Resources

res1-1

Change The Way You Think About Estate Planning

res2

Succeeding Your Business

res3

Is your family cottage a liability?