ITF at 18: Avoid Capital Gains that Catch Parents Off-Guard скачать в хорошем качестве

ITF at 18: Avoid Capital Gains that Catch Parents Off-Guard

When your child turns 18, that in-trust-for (ITF) account you’ve been managing isn’t just “their money now”—it triggers a series of legal, tax, and financial decisions that most parents don’t see coming. In this video, we unpack what really happens when an ITF account transitions to your child’s name, how timing can impact taxes, and how to strategically hand over the reins while turning the moment into a powerful lesson in financial literacy. We’ll also explore whether and when to consider TFSA, FHSA, or RRSP contributions as a smart next step. _________________________ ⬇️ Book a call to discuss your Personalized Retirement Strategy: https://www.fergusonfinancialplanning... 📩 Sign up to get insights right to your inbox: https://www.fergusonfinancialplanning... _________________________ 🎬Chapters 00:00 - Intro 1:48 - What an ITF Account Actually Is 4:47 - When the Child Turns 18 7:15 - TFSA Opportunities 10:18 - Considering RRSPs or the FHSA 13:58 - Recap _________________________ Jacqueline Ozdemir is a Financial Advisor at Assante Capital Management Ltd. Assante Capital Management Ltd. is a Member of the Canadian Investor Protection Fund and the Canadian Investment Regulatory Organization. Insurance products and services are provided through Assante Estate and Insurance Services Inc. This material is provided for general information and should not be considered individual investment, tax, accounting, or legal advice, or construed as an offer or solicitation to buy or sell securities. The statements and opinions expressed are those of the presenter(s) and not necessarily those of Assante Capital Management Ltd. All opinions expressed and information provided herein are subject to change without notice. Every effort has been made to compile this material from reliable sources as at the date indicated however, no warranty can be made as to its accuracy or completeness Market conditions may change which may impact the information contained herein. All charts and illustrations in this document are for illustrative purposes only and they are not intended to predict or project investment results. In considering any particular investment or investment strategy, please remember that past performance is no guarantee of future performance. We caution you not to place undue reliance on any statements that are predictive in nature, depend upon or refer to future events or conditions, as a number of factors could cause actual events or results to differ materially from those expressed in any forward-looking statement, including economic, political and market changes and other developments. The information contained herein may not apply to all types of investors. Before acting on the information presented, please seek professional financial advice based on your personal circumstances.