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Trigger Capital Gains?

 

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….

 

Globe & Mail Article

 

Read about the WillPower.ca program and leaving charitable gifts

Want more information?

Are you interested in a consultation with Peter R. Welsh?
Contact me at Peter@SmartWills.ca
By telephone 416-526-3121
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This material is for general information and educational purposes only. Information is based on data gathered from what we believe are reliable sources. It is not guaranteed as to accuracy, does not purport to be complete and is not intended to be used as a primary basis for investment decisions.

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