ADVISOR.CA, James Dolan Cynthia Kett, principal at Stewart & Kett Financial Advisors in Toronto, says many of the estates she deals with don’t use a professional executor. “If there are a lot of assets in joint name, and everything is rolling over to a surviving spouse outright, that kind of estate would not need a
The Globe and Mail, Dale Jackson Ownership has advantages, but it also has risks. Cynthia Kett from Toronto-based Stewart & Kett Financial Advisors Inc. says much of that market risk is offset by the company’s contribution. A four-to-one share plan, for example, can be considered a 25-per-cent guaranteed gain before the shares even trade. Read
The Globe and Mail, Joel Schlesinger The math is simple. The more money you make, the more taxes you pay. Among the manoeuvres under review is “income sprinkling,” whereby earnings from the corporation are split among the business owner, a spouse and adult children to reduce the overall tax burden. One advantage that will remain
Certified financial planner Cynthia Kett advises clients to do a checkup on their finances at least once a year to ensure they’re on track with their goals.
January is often a good time to conduct a budget review because you’ll have the benefit of the full year’s receipts and expenses, she says.
