Financial – Page 5 – A Blog by M.A. Schneider Insurance

CHARITABLE GIVING OF CORPORATE-OWNED LIFE INSURANCE

October 17, 2017 By Mark Schneider In Financial No Comments

Life insurance is a valuable asset for charitable giving because it allows a donor to make a charitable bequest without depleting the donor’s estate assets. It also provides the opportunity to magnify the size of a charitable gift. Listen to the Article https://independentlyw.wpenginepowered.com/wp-content/uploads/2017/10/Charitable-Giving-of-Corporate-Owned-Life-Insurance.mp3 All too often, we tend to think of charitable giving with life [...]

The Coming Canadian Debt Calamity?

May 23, 2017 By Schneider Content Team In Financial No Comments

You may be in for a shock over the next few years as the well-meaning though overly generous Federal and Provincial government spending and policies come home to roost. Canadians are borrowing money at a record rate bringing with it rapid inflation. We are nearing the point where it is likely to tear at the [...]

WHY WE FOLLOW THE FUTURE

January 9, 2017 By Schneider Content Team In Financial, Technology No Comments

At Schneider Insurance, we follow the future, because it's going to arrive whether we like it or not. The start of the new year is a great time for an overview of where things are at. This year, one of the pieces we reviewed over the holidays was produced by futurist Peter Diamandis on the [...]

PENSION INCOME SPLITTING CREATES SAVINGS OPPORTUNITY

April 7, 2016 By Mark Schneider In Financial No Comments

Pension income splitting is a tax savings strategy designed to lower a couple’s overall family tax bill, leaving more disposable income. When filing their annual income tax returns, a couple can jointly elect to shift up to one-half of eligible pension income from the spouse in a higher tax bracket to the spouse in a […]

Interest Expense

October 20, 2015 By fundnet In Financial No Comments

The Canada Revenue Agency (CRA) recently released an updated folio publication on the topic of interest deductibility. This is part of the CRA’s new Income Tax Folio series, which is designed to provide details of their current administrative practices and is targeted at the professional tax community. Folio S3-F6-C1, released in 2015, sets out the […]

Joint Tenancy Can Add Complications

October 10, 2015 By fundnet In Financial No Comments

Distribution of an individual’s estate can take many forms. Assets can be gifted before death or distributed after death. Specific assets can be directed to specific heirs or the residue of the estate could be divided among a group of heirs. Methods for achieving these distributions can vary. A common estate planning strategy in Canadian […]

A Charitable Gift: Differing Tax Outcomes Can Affect the Plan

October 1, 2015 By fundnet In Financial No Comments

Charitable gift planning should involve the careful consideration of all aspects of making a large gift to charity. Some of the elements to be considered include the exact nature of the gift (i.e., cash versus a specific asset), the timing of the gift (i.e., all at once or in installments), whether the gift is inter […]

Dividend Taxation

April 27, 2015 By Mark Schneider In Financial No Comments

The system in place to tax Canadian dividend income is designed to achieve “integration.” The intent of integration is to ensure that the combined total personal and corporate tax imposed on different types of income received directly or from a corporation is roughly equal. In other words, integration tries to ensure that there is no […]

Tax Return Filing Tips for 2014

April 6, 2015 By Mark Schneider In Financial No Comments

Filing a tax return isn’t always an easy task. Taxpayers want to ensure they claim every deduction and credit to which they are entitled. This means spending time under- standing the opportunities. Reporting income is simplified for many types of income because T-slips are issued to the taxpayer. The Canada Revenue Agency (CRA) is quick […]

Changes Underway for Donations

March 23, 2015 By Mark Schneider In Financial No Comments

The generosity of Canadians is evidenced by the $8.3 billion of charitable donations made by over five million people in 2012. The reasons are many. Some individuals have a strong desire to share their wealth during their lifetime. Others are reliant on their wealth to fund their retirement, but value the opportunity to share when […]

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We Celebrate Savers

At M.A. Schneider Insurance, we believe the saver deserves to be celebrated.

After all, it’s the saver that is conscientious every day to gradually create wealth for all.

That habit not only creates security for them but for their families and for the community as a whole.

We think they sometimes lose sight of how important they are.

This blog is here to help them. To help inspire them to stay the course and ultimately lead the great lives that they deserve.

Here’s What to Expect

1. Insight we gather about what’s going on that may affect the long-term quality of your life…

While there is a lot on the Internet, we know that making the best decisions for your life is often based on knowing just what your options are.

2. We hope that understanding what’s going on will help with perspective on what you can do.

3. New innovation and resources you can seek out.

This blog will offer an insight into the future because whether we like it or not, we’re going there. We’ll do the research to find the innovations that you should know about.

Get ready for your new life. It’ll be a great ride!

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