Should I be triggering capital gains tax now? Or wait until I’m gone?
A recent Globe & Mail article on triggering capital gains tax and Estate Planning caught my eye….
Even though only half of capital gains are currently included in income, your Estate could potentially end up paying a big chunk of tax at your highest marginal rate if all of your accumulated gains land on your final tax return at once. However, in most cases, it’s still better to wait. Read more on why it is better to wait triggering capital gains….
Read about the WillPower.ca program and leaving charitable gifts
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