Estate Planning

How the 2016 Federal Budget Impacts Dentists?

By admin-tmfd on 16 June 16 Estate Planning

In some ways, the 2016 Federal Budget will change tax planning strategies for dentists.  During the campaign leading up to the election last fall, Prime Minister Trudeau said in a CBC interview, “A large percentage of small businesses are actually just ways for wealthier Canadians to save on their taxes, and we want to reward […]

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Dr. Riley Moore uses Whole Life to Reduce Taxes and Improve Retirement Income

By admin-tmfd on 31 May 16 Estate Planning

Chris Molloy, B.A.Sc.,  CFP, is Senior VP, Advisory Services at TMFD Financial. Chris has over 20 years of experience at TMFD Financial as a Financial Advisor working in the Ontario area. Chris specializes in tax, estate and investment planning for the dental profession. For a complimentary initial consultation with our team, we can be […]

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What Can Happen If You Die Without a Will?

By admin-tmfd on 5 February 16 Estate Planning

Dying without a Will is called “Intestacy” and can add a significant burden to your surviving family members and result in needless legal fees and court costs. The followingexample will show how dying without a will resulted in legal and court costs in excess of $60,000.00, foreclosure of a home, a minor child not having […]

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Facing the Demise of a Loved One – The Case of Dr. Lipp

By admin-tmfd on 26 November 15 Estate Planning

It is always with great sadness to learn about the death of a friend, colleague, or family member. The impact of one’s life can be great and it can be a difficult transition for those left be- hind. This was certainly true for Dr. Brenda Lipp (name changed). Profile Dr. Lipp was referred to us […]

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