Approaching retirement with substantial assets in your corporate account? Learn why it’s important to create a tax-efficient income stream from your investments and what to do with your corporation.
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In this example using a physician and her husband, you’ll see the benefits of setting up a trust in your will for your children and grandchildren.
So you want help getting your finances in order and preparing for your future? Here's what to expect when you meet with an MD Advisor.
As MD Signature clients, the Kaminskys would receive an elevated level of personalized financial advice and comprehensive service. See the service in action.
A planned charitable gift is a thoughtful way to give. The charity benefits from your gift, while you or your estate benefits from tax savings. Learn more.
It’s a good idea to share at least some of your wealth transfer plans with your adult children. Here are some tips for how to start the conversation.
We’ve compiled a list of the most popular questions about these three government programs and how they apply to physicians, their teams, and their families.
Approaching retirement? Learn whether it can be better to dissolve your medical professional corporation or convert it into a holding company.
Here’s our roundup of the economic measures that the federal government has announced so far to support Canadians affected financially by the COVID-19 outbreak.
What does the coronavirus (COVID-19) market shock mean for retiring or retired physicians? If you’re wondering what to do next, here’s some advice.
Before you transfer assets to your children during your lifetime, learn about some common mistakes you’ll want to avoid making.
With market volatility picking up again, it’s important to remember and avoid these common investing pitfalls.
A good estate plan starts with understanding the tax consequences of the types of assets you own. The next step is to use strategies to mitigate their tax impact.
Most practicing medical doctors in Canada don't feel well-educated about personal finance, and many of them report feeling "stressed" about making financial decisions regarding their priorities.
Get the basics on RRSP contribution deadline, RRSP contribution amount, and understand the tax savings.
When you begin to draw income in retirement, there are different tax consequences for each source of cash flow.
In this MD Financial Management series, we talk to physicians about what gives them confidence in financial planning for the future. *Real-life stories have names changed to protect privacy.
Checking items off your retirement “bucket list” of activities doesn’t necessarily contribute to a fulfilling life.
If you have a corporation without a capable executor, you could be subject to double taxation.