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Karen Sands, CA Tax Partner Five Key Challenges to Retirement Income & Estate Planning Thursday, March 17, 2011
Marginal Income Tax Rates * Based on 2010   personal   income tax   rates   in Ontario $17,290 $37,090 $120,000 $13,220 $19,800 $80,000 $6,580 $40,000 Increase in tax Income tax* Taxable income
Marginal Income Tax Rates ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],Income Splitting
Income Splitting ,[object Object]
Income Splitting ,[object Object],[object Object],[object Object],[object Object],[object Object]
Income Splitting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Income Splitting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A dollar is a dollar…or is it? ,[object Object],[object Object],[object Object],[object Object]
Tax free income ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tax preferred Income ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tax deferred income ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Income Tax on Death ,[object Object],[object Object],[object Object]
Income Tax on Death ,[object Object],[object Object],[object Object],[object Object]
Income Tax on Death – some exceptions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
So… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
And so… ,[object Object],[object Object],[object Object]
Spousal Trust ,[object Object],[object Object],[object Object],[object Object],[object Object]
Spousal Trust/Testamentary Trusts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Benefit of Marginal Rates - example ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],With 36 offices from coast to coast, our audit, tax and advisory professionals make your business our focus. WHY COLLINS BARROW? Karen Sands, CA Tax Partner Collins Barrow SEO LLP [email_address]

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Key Challenges to Retirement Income & Estate Planning

  • 1. Karen Sands, CA Tax Partner Five Key Challenges to Retirement Income & Estate Planning Thursday, March 17, 2011
  • 2. Marginal Income Tax Rates * Based on 2010 personal income tax rates in Ontario $17,290 $37,090 $120,000 $13,220 $19,800 $80,000 $6,580 $40,000 Increase in tax Income tax* Taxable income
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
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Editor's Notes

  1. Stress that this is savings – not deferral and that it is an annual savings