This week, Paul is joined by special guest Dennis Serre, President & CEO of Serre Financial.

Dennis brings over 30 years of taxation planning experience to clients and financial advisors across the country. He began his career with the CRA, and he remains a leader in the industry by researching and providing unique tax alternatives to business owners and high-net-worth individuals.

Paul & Dennis discuss the use of family trusts for business owners and how they can be used to reduce taxation.

Topics discussed include, but aren't limited to:

• The use of family trusts for tax deferral
• Tax on Split Income (TOSI) rules and how family trusts can reduce their impact
• How family trusts can be used to reduce taxation on sale of capital property such as real estate
• Using a family trust to multiply the Lifetime Capital Gains Exemption
• How estate freezes can be used to pass a business onto the next generation

Connect With Paul & William:

Click here to book a call with Paul

Click here to book a call with William

Connect with Paul on Linkedin

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The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Hosted on Acast. See acast.com/privacy for more information.

This week, Paul and William discuss common strategies individuals use to reduce or avoid paying taxes on their estates.

Through their discussion, Paul and William discuss the pros and cons of each strategy and what type of individuals are best suited for them.

At the end of this episode, you will have a better understanding of how different assets are taxed in the estate, and what strategies make sense to help you reduce what your estate will pay in taxes.

Topics discussed include, but are not limited to:

• Joint ownership of real estate and investment accounts
• The tax treatment of RRSPs, RRIFs and TFSAs in the estate
• The pros and cons of Segregated Funds
• How trusts can be used to minimize estate taxes, and who they're suitable for

Connect With Paul & William:

Click here to book a call with Paul

Click here to book a call with William

Connect with Paul on Linkedin

Connect with William on Linkedin

Follow William on Twitter

The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Hosted on Acast. See acast.com/privacy for more information.

This week, Paul & William reflect on their careers thus far. Drawing from their wealth of experience in wealth management and financial planning, they share 14 invaluable lessons they've learned that can empower listeners to take control of their financial futures.

Throughout the show, Paul & William share personal anecdotes and real-world examples that illustrate the impact of sound financial decision-making.

Topics discussed include:

• How experiences shape your perception of risk
• Intelligence doesn't guarantee investment success
• The benefits of being an optimist
• How overthinking can be just as bad as not thinking at all
• And much more!

Links From Today's Episode:

Ben Carlson "20 Lessons From 20 Years of Managing Money" https://awealthofcommonsense.com/2024/03/20-lessons-from-20-years-of-managing-money/

Connect With Paul & William:

Click here to book a call with Paul

Click here to book a call with William

Connect with Paul on Linkedin

Connect with William on Linkedin

Follow William on Twitter

The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Hosted on Acast. See acast.com/privacy for more information.