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: The Health Savings Account in a Canada-U.S. Context
A good savings or investment account allows you to avoid tax on contributions, income, and distribution. Not all available options meet these goals. For Americans living in the U.S., the Health Savings Account (HSA) does, in certain circumstances. For Americans living in Canada, though, the HSA’s benefits disappear as contributions cannot continue and tax liability opens up in Canada for income in the plan. Similarly for Canadians living in the U.S., benefits cease for Tax-Free Savings Accounts (TFSAs) and Registered Education Savings Plans (RESPs). Take a look at this e-book for more detail on the savings and investment plans available and see how they compare.
Infographic: Can A Foreign Spouse Claim U.S. Social Security?
US Taxation of Your Canadian Rental Home
For Canadians moving to the U.S., the options for their home are to sell it, to keep it as a secondary residence, or to rent it. Each has its pros and cons.
Choosing to rent creates tax and capital gains issues in Canada and in the U.S., ongoing tax filing requirements, and the need for a dependable local property manager. Decisions need to be made in a timely way to maximize available tax exemptions. It is complicated, but it may be a wise choice. Cardinal Point’s cross-border specialists can help you decide if it is right for your specific situation and then show you how to use the Canada/U.S. Tax Treaty provisions to your advantage.