Who is going to buy your home? Every successful business needs an exit strategy for the owner, whether it is selling the business, passing it to the next generation or selling off the assets. Individuals also need a strategy to exit the workforce. They need financial resources for retirement which could come from a company […]
Author Archives: Gill Campbell
Property Tax – Are You Needy or Greedy?
There was an article by Micheal Kane in the Vancouver Sun on January 27th that started with the following words: "Imagine borrowing at two percentage points below prime, at simple rather than compound interest, and not having to make any payments until you sell your home or pass away, whichever comes first. It’s the best […]
Can your medical and dental bills save you taxes?
Tax time is coming up and you should all be getting your T4’s by the end of February, then all the other forms soon after that. But when you sit down to see how much you will owe, or will get back, don’t forget that you may be able to save taxes by claiming your […]
Charitable Annuity – Seeing your tax dollars at work
Recently I met with a couple in their late 70’s who want to give a gift of appreciated stock worth $50,000 to a local Foundation in return for a lifetime income of 5% annually. They asked me what the most tax effective way this could be done. The solution is to use a Charitable Annuity. […]
Financial Wellness
Mortgage insurance – some thoughts Chris and I have been married for 35 years in August. We traveled around for seven years then settled down in Newfoundland and bought our first home. The bank offered us mortgage life insurance along with the mortgage. It did not seem expensive and we thought it was a good […]