Retirement Straight Talk With Paul & William West End Wealth Planning

This week, Paul & William explore some of the most common mistakes they see high-income earners make.
They also debunk common myths about what's required to build and maintain wealth.
Topics discussed include, but aren't limited to:

The right investment strategies for high-income and high-net-worth individualsBehavioural biasesHow to optimize the use of registered accountsLifestyle creep
Listeners will come away with a better understanding of building and maintaining wealth.
Connect With Paul & William:
Click here to book a call with Paul
Click here to book a call with William
Connect with Paul on Linkedin
Connect with William on Linkedin
Follow William on Twitter
The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


Hosted on Acast. See acast.com/privacy for more information.

The Canadian Federal government announced significant changes to capital gains taxes in its latest budget.
This week, Paul & William explain the changes in the budget and how it will affect Canadians.
Namely, these changes will affect you if:

You have significant non-registered investmentsYou have any corporately held investmentsYou own an investment propertyYou own a business
These changes will significantly alter the financial plans of many Canadians.
Listeners will come away with a better understanding of the changes and actionable strategies to reduce their impact.
Connect With Paul & William:
Click here to book a call with Paul
Click here to book a call with William
Connect with Paul on Linkedin
Connect with William on Linkedin
Follow William on Twitter
The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Hosted on Acast. See acast.com/privacy for more information.

This week, Paul is joined by special guest Dennis Serre, President & CEO of Serre Financial.
Dennis brings over 30 years of taxation planning experience to clients and financial advisors across the country. He began his career with the CRA, and he remains a leader in the industry by researching and providing unique tax alternatives to business owners and high-net-worth individuals.
Paul & Dennis discuss the use of family trusts for business owners and how they can be used to reduce taxation.
Topics discussed include, but aren't limited to:

The use of family trusts for tax deferralTax on Split Income (TOSI) rules and how family trusts can reduce their impactHow family trusts can be used to reduce taxation on sale of capital property such as real estateUsing a family trust to multiply the Lifetime Capital Gains ExemptionHow estate freezes can be used to pass a business onto the next generation
Connect With Paul & William:
Click here to book a call with Paul
Click here to book a call with William
Connect with Paul on Linkedin
Connect with William on Linkedin
Follow William on Twitter
The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Hosted on Acast. See acast.com/privacy for more information.

This week, Paul and William discuss common strategies individuals use to reduce or avoid paying taxes on their estates.
Through their discussion, Paul and William discuss the pros and cons of each strategy and what type of individuals are best suited for them.
At the end of this episode, you will have a better understanding of how different assets are taxed in the estate, and what strategies make sense to help you reduce what your estate will pay in taxes.
Topics discussed include, but are not limited to:

Joint ownership of real estate and investment accountsThe tax treatment of RRSPs, RRIFs and TFSAs in the estateThe pros and cons of Segregated FundsHow trusts can be used to minimize estate taxes, and who they're suitable for
Connect With Paul & William:
Click here to book a call with Paul
Click here to book a call with William
Connect with Paul on Linkedin
Connect with William on Linkedin
Follow William on Twitter
The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


Hosted on Acast. See acast.com/privacy for more information.

This week, Paul & William reflect on their careers thus far. Drawing from their wealth of experience in wealth management and financial planning, they share 14 invaluable lessons they've learned that can empower listeners to take control of their financial futures.
Throughout the show, Paul & William share personal anecdotes and real-world examples that illustrate the impact of sound financial decision-making.
Topics discussed include:

How experiences shape your perception of riskIntelligence doesn't guarantee investment successThe benefits of being an optimistHow overthinking can be just as bad as not thinking at allAnd much more!
Links From Today's Episode:
Ben Carlson "20 Lessons From 20 Years of Managing Money" https://awealthofcommonsense.com/2024/03/20-lessons-from-20-years-of-managing-money/
Connect With Paul & William:
Click here to book a call with Paul
Click here to book a call with William
Connect with Paul on Linkedin
Connect with William on Linkedin
Follow William on Twitter
The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.



Hosted on Acast. See acast.com/privacy for more information.

Is your financial planner truly providing value by focusing solely on investments?
 
This week, Paul & William discuss the misconception that the most important job of a financial planner is to pick investments.
 
While investment management is undoubtedly important, various aspects of financial planning often get overlooked. From comprehensive retirement planning to tax optimization strategies, estate planning, risk management, and even personal finance education, there's a myriad of areas where a skilled financial planner can substantially impact their clients' financial well-being.
 
They discuss the common pitfalls of fixating solely on investment discussions, such as neglecting crucial
aspects of financial planning that could greatly benefit clients in the long run.
 
Listeners will gain a deeper understanding of the diverse roles financial planners can play in their lives beyond simply picking stocks or mutual funds. 
Connect With Paul & William:
Click here to book a call with Paul
Click here to book a call with William
Connect with Paul on Linkedin
Connect with William on Linkedin
Follow William on Twitter
The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Hosted on Acast. See acast.com/privacy for more information.