COMPREHENSIVE WEALTH PLANNING
Planning your financial future requires a thoughtful and personalized approach. Cardinal Point offers an array of services and plans that are tailored to your unique situation.
COMPREHENSIVE WEALTH PLANNING
Planning your financial future requires a thoughtful and personalized approach. Cardinal Point offers an array of services and plans that are tailored to your unique situation.
We start by helping you define and quantify your financial goals and then create a practical, step-by-step plan to help you reach them. Our financial planning service combines our investment management process with your short- and long-term objectives, your exposure to risk, and your tax planning and estate planning considerations. Your personalized financial plan can include specific planning services such as:
- Cash flow management
- Personal and corporate tax planning
- Retirement planning
- Risk management analysis
- Cross-border financial and tax planning
- Charitable bequest planning
- Estate Planning
- Generational and Family Planning
- Health, life, and property insurance review
- Business exit planning
Comprehensive financial planning
Learn the benefits of a Canada-U.S. cross-border financial plan.
A holistic approach
We handle all of your Canada-U.S. investment, tax, estate & financial planning needs
OUR RECENT PUBLICATIONS
Ebook: Canadian Deductibility of 401(K) Contributions and U.S. Deductibility of RRSP Contributions
Residents of Canada: What are the Canadian and U.S. Tax Ramifications when being forced to liquidate a U.S. brokerage account Ebook
Clarifying the U.S. Minimum Distribution Rules
Regulations around Required Minimum Distributions (RMDs) are quite complex and simultaneously extremely important. Failing to take an RMD will result in a 50% excise tax. There is a precise calculation to determine an RMD amount for a given year, and you can delay your first RMD. There are specific situations that permit extending the period in which you must take a distribution and rules that apply in the event of death. There are regulations around RMDs applicable to inherited accounts, and these have completely changed since passage of the SECURE Act in 2019. Opportunities exist to delay RMDs for a Designated Beneficiary not yet chosen. There are a multitude of tax implications around all of these issues, and Cardinal Point is eminently qualified to offer you tailored guidance in your planning strategies.