Family tax strategies
Manage your family’s taxes efficiently
If you earn a high income in Canada, you will probably pay higher taxes too.
To help you protect your wealth, we can help assess your personal situation and recommend strategies to address your various tax obligations.
We will introduce strategies to ensure your family is managing taxes efficiently:
- Family income-splitting with a family trust, prescribed rate loan or spousal Registered Retirement Savings Plan (RRSP)
- Strategies that invest in life insurance to reduce your investment taxes
- Tax-deferred retirement vehicles such as Registered Retired Savings Plans (RRSPs)
- Tax-free savings accounts (TFSAs) which can help maximize tax-free investment growth