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    Understanding Registered Education Savings Plans (RESPs) in Canada

    September 1, 2023
    Dive into the details of Registered Education Savings Plans (RESPs)! This guide covers how RESPs work, eligibility criteria, benefits, and government grants such as the Canada Education Savings Grant. Learn how to open an RESP and safeguard your child's educational future.
    https://creststonewealth.com/wp-content/uploads/2023/09/Understanding-Registered-Education-Savings-Plans-RESPs-in-Canada.jpg 300 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2023-09-01 13:52:302023-09-01 13:52:33Understanding Registered Education Savings Plans (RESPs) in Canada

    Federal Budget 2023 Highlights

    March 29, 2023
    On March 28, 2023, the Federal Government released their 2032 budget. This article highlights the following financial measures: • New transfer options associated with Bill C-208 for intergenerational transfer. • New rules for employee ownership trusts. • Changes to how the Alternative Minimum Tax is calculated. • Improvements to Registered Education Savings Plans. • Expanding access to Registered Disability Savings Plans. • Grocery rebate. • Deduction for tradespeople tool expenses. • Automatic tax filing. • New Canadian Dental Care Plan.
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    British Columbia 2023 Budget Highlights

    March 1, 2023
    On February 28, 2023, the B.C. Minister of Finance announced the 2023 budget. We have highlighted the most important financial measures you need to know: • Tax credit changes. • Increases to the B.C Family Benefit. • Carbon tax changes. • Other important tax changes. • Healthcare and housing spending.
    https://creststonewealth.com/wp-content/uploads/2023/03/British-Columbia-2023-Budget-Highlights.png 250 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2023-03-01 22:48:462023-03-01 22:48:52British Columbia 2023 Budget Highlights

    Estate Planning for Blended Families

    December 1, 2022
    Blended families – where two people get married but have children from previous relationships – are becoming more common. On top of the day-to-day challenges of blending a family, new spouses also have to figure out how to plan their estates, so everyone is properly taken care of. We cover all of the following a blended family must consider while estate planning: • Sharing the Family Home • Make the Most of a Registered Retirement Savings Plan • How to Share Non-Registered Investments and Other Assets • Why It's Important to Select a Good Trustee • The Advantages of Life Insurance for Blended Family Planning
    https://creststonewealth.com/wp-content/uploads/2022/12/Estate-planning.jpg 281 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2022-12-01 06:00:002022-12-01 16:05:39Estate Planning for Blended Families

    When and Why You Should Conduct an Insurance Audit

    November 1, 2022
    As our lives grow and change with variable circumstances, new additions, and job transitions, our needs for insurance will also evolve. Additionally, economic fluctuations and external circumstances that influence your insurance policy will need frequent re-evaluation to ensure that you are making the most appropriate and financially favorable decisions. Talk to us we can help.
    https://creststonewealth.com/wp-content/uploads/2022/11/why-conduct-an-insurance-audit-coverImage.png 500 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2022-11-01 06:00:002022-11-01 14:06:33When and Why You Should Conduct an Insurance Audit

    Estate Planning for Business Owners

    April 1, 2022
    What happens when the children grow up and they are no longer dependent on their parents? What happens to your other "baby"- the business? Estate planning for business owners deals with the personal and business assets.
    https://creststonewealth.com/wp-content/uploads/2022/04/estatePlanningBO.jpg 810 1440 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2022-04-01 06:00:002022-04-01 15:20:07Estate Planning for Business Owners

    Do you REALLY need life insurance?

    September 1, 2021
    You most likely do, but the more important question is, What kind? Whether you’re a young professional starting out, a devoted parent or a successful CEO, securing a life insurance policy is probably one of the most important decisions you will have to make in your adult life. Most people would agree that having financial safety nets in place is a good way to make sure that your loved ones will be taken care of when you pass away. Insurance can also help support your financial obligations and even take care of your estate liabilities.
    https://creststonewealth.com/wp-content/uploads/2021/09/do-you-really-need-life-insurance-coverImage.png 500 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2021-09-01 06:00:002021-09-01 20:36:14Do you REALLY need life insurance?

    Federal Budget 2021 Highlights

    April 22, 2021
    On April 19, 2021, the Federal Government released their 2021 budget. Our article contains highlights of the various financial measures in this budget, divided into three different sections: • Business Highlights, including an extension to COVID-19 Emergency Business Supports, new programs to support job creation, and a change in interest deductibility limits. • Individual Highlights, including details on the tax treatment and repayment of personal COVID-19 benefits (such as CERB), eligibility changes to the Disability Tax Credit, an increase in OAS for those 75 and up, and support for job skills retraining. • Additional Highlights, including a proposed federal minimum wage of $15, changes to the GST New Housing Rebate conditions, and new or increased taxes in areas such as luxury goods, tobacco, and Canadian housing owned by non-resident foreign owners.
    https://creststonewealth.com/wp-content/uploads/2021/04/FEDERAL-BUDGET-2021.jpg 281 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2021-04-22 10:37:312021-04-22 19:03:20Federal Budget 2021 Highlights

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    Investing as a Business Owner 2023

    November 1, 2023
    Many business owners have built up earnings in their corporation and are looking for tax efficient ways to pull the earnings out to achieve their personal and business financial goals. We outline the factors to consider when investing as a corporation.
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    Salary vs Dividend

    October 2, 2023
    As a business owner, you have the ability to pay yourself a salary or dividend or a combination of both. In this article and infographic, we will examine the difference between salary and dividends and review the advantages and disadvantages of each.
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    Understanding Registered Education Savings Plans (RESPs) in Canada

    September 1, 2023
    Dive into the details of Registered Education Savings Plans (RESPs)! This guide covers how RESPs work, eligibility criteria, benefits, and government grants such as the Canada Education Savings Grant. Learn how to open an RESP and safeguard your child's educational future.
    Read more
    https://creststonewealth.com/wp-content/uploads/2023/09/Understanding-Registered-Education-Savings-Plans-RESPs-in-Canada.jpg 300 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2023-09-01 13:52:302023-09-01 13:52:33Understanding Registered Education Savings Plans (RESPs) in Canada

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    Insurance products, including segregated fund policies and health insurance are offered through Creststone Wealth, and Investment Representatives Stephen Cameron, Gail Winzoski, Rochelle Noren, Terry Sorensen and Bharpur Singh Gill offer mutual funds and referral arrangements through Quadrus Investment Services Ltd.

    Quadrus Investment Services Ltd. and design are trademarks of Quadrus Investment Services Ltd. Used with permission.

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