Simplifying the Timing of Canada Pension Plan (CPP) for Retirees

Simplifying Timing of CPP for Retirees

One question that arises often among retirees is, “When should we start taking CPP (Canada Pension Plan)?” Is it better to begin receiving benefits as early as possible or defer them longer? Understanding Canada Pension Plan (CPP) The Canada Pension Plan (CPP) is a government pension program that provides lifelong income starting at age 65. […]

Trusts for Retirees – Probate Planning

trust for retirees

When estate planning, most retirees wish to review strategies to avoid probate fees, which in Ontario are 1.5% of the value of the asset that is distributed via a will.  A potential client asked, “Can trusts be used to avoid probate costs when we transfer assets to the next generation?” The answer is yes. For retirees, […]