Income Attribution Rules
There are a set of rules in the Income Tax Act ("ITA") that are designed to block your attemptsto shift income from you to another person (usually your spouse or children) – these are the attribution rules. Following is an outline of when these rules will apply. Discover more
Pension: Lump Sum or Monthly Payments?Retiring employees or employees who otherwise leave their jobs are often faced with a tough decision to make regarding their employee pensions. In many instances, companies will offer their employees the choice between taking their pension in a lump sum form or taking the pension in the form of a monthly pay-out. Discover more
 In-Trust Accounts
What is it? An in-trust account is an informal trust created at a financial institution to invest funds, usually on behalf of a minor child. Once the child reaches the age of majority as determined by their province of residence, the account becomes accessible by them. Discover more
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