As interest rates rise, the opportunity to achieve tax savings via a family loan strategy is narrowing. Would a prescribed rate loan strategy still be worthwhile as the prescribed rate rises to 3% on October 1st? Georgia Swan, Tax and Estate Planner, TD Wealth weighs in.
A second marriage or common-law partnership can come with its own financial issues: Here are some numbers to show that second marriages — and the retirement journeys these couples face — are pretty common.
For most Canadians, the family home is their biggest investment and the decision to pass on that asset to their children raises some important questions. Greg Bonnell speaks with Pierre Letourneau, vice president and high net worth planner at TD Wealth about how to approach that decision.
