Seven Tax-Smart Ways to Leave a Legacy—Without Leaving a Tax Bill | EP 148 скачать в хорошем качестве

Seven Tax-Smart Ways to Leave a Legacy—Without Leaving a Tax Bill | EP 148

In this episode, Joe Curry breaks down smart, simple, and tax-efficient strategies to pass on your wealth in Canada—so your legacy goes to your loved ones, not the CRA. Whether you’ve built your nest egg through saving, investing, or selling a business, this episode is packed with insights you can use. Top 3 Highlights: ✅ Principal Residence Exemption – How to pass down your home tax-free. ✅ TFSA & Life Insurance – Maximize tax-free growth and transfer to your heirs. ✅ Living Legacy – Why giving during your lifetime can have more impact and zero tax. Also Covered: RRSP/RRIF withdrawal strategies to reduce estate taxes Corporate life insurance and the Capital Dividend Account Gifting strategies for kids and grandkids Here’s what you’re in for: 00:00 – Intro: Why smart wealth transfer matters 01:15 – The CRA-proof method? Lottery winnings 02:00 – Using your principal residence wisely 03:40 – TFSA: Small account, big legacy 05:15 – Life insurance as a wealth transfer tool 07:30 – Insurance inside a corporation (Capital Dividend Account) 09:30 – RRSP/RRIF withdrawal strategy 13:10 – The case for living legacies (gifting while alive) 15:55 – Recap of 7 tax-smart legacy tools 17:30 – Final thoughts on personalizing your legacy plan —------------------------------------------------------------- Ready to take the next step? Identify your retirement income style with the RISA questionnaire at https://www.retirementplanningsimplif.... 👉 Need help with retirement planning? Book a call with us at https://www.retirementplanningsimplif... Don’t forget to like, comment, and subscribe for more simplified retirement planning insights! —------------------------------------------------------------- ABOUT JOE CURRY Joseph Curry, also known as Joe, is the co-host of Your Retirement Planning Simplified, Canada’s fastest-growing retirement planning podcast, where he provides accessible, in-depth financial advice. As the owner and lead financial planner at Matthews + Associates in Peterborough, Ontario, he is committed to helping people secure both financial stability and purpose in retirement. His mission is to ensure people can sleep soundly knowing they have a solid plan in place, covering both financial and lifestyle aspects of retirement. A Certified Financial Planner and Certified Exit Planning Advisor, he values true wealth as more than money—it’s about creating meaningful experiences with loved ones and fostering opportunities for the future. You can reach out to Joe through: LinkedIn:   / curryjoe   Website: https://www.retirementplanningsimplif...   / retirementplanningsimplified   https://matthewsandassociates.ca/ ABOUT RETIREMENT PLANNING SIMPLIFIED Founded in 2022, its mission is to empower people to plan for retirement confidently, focusing not only on finances but also on a meaningful life. RPS wants everyone to have access to simple, reliable tools that reflect their values and priorities, helping them create True Wealth—the freedom to do what they love with those they love. By simplifying retirement planning and aligning it with the retiree's purpose, RPS aims to support building a retirement that feels fulfilling and secure. To know more about RPS you can visit the links below: LinkedIn:   / retirement-planning-simplified   Instagram:   / retirement_planning_simplified   Podcast/Blog: https://www.retirementplanningsimplif... Youtube:    / @retirementplanningsimplified   —------------------------------------------------------------- Disclaimer: Opinions expressed are those of Joseph Curry, a registrant of Aligned Capital Partners Inc. (ACPI), and may not necessarily be those of ACPI. This video is for informational purposes only and not intended to be personalized investment advice. The views expressed are opinions of Joseph Curry and may not necessarily be those of ACPI. Content is prepared for general circulation and information contained does not constitute an offer or solicitation to buy or sell any investment fund, security or other product or service.