Money and Medicine: Getting a handle on your financial future
As you begin the next chapter in your medical career, here are three steps you can take now that could improve your financial health.
As you begin the next chapter in your medical career, here are three steps you can take now that could improve your financial health.
If you’re a business owner, you may wonder if setting up a holding company — also known as a holdco — makes sense for you. It can offer asset protection and potential tax savings. It may also be useful if you’re preparing to sell your business. Pierre Létourneau, Business Succession Advisor, TD Wealth, joins Kim Parlee to discuss these benefits and some of the complexities to consider as well.
If you’re a business owner or incorporated professional, such as a doctor or dentist, is it better to pay yourself a salary, in dividends or a combination of both? Pierre Létourneau, Business Succession Advisor, TD Wealth, joins Kim Parlee to dig into this and tax considerations to keep in mind.