Canada Estate Planning 101 (6 Things You MUST CONSIDER!)

  Рет қаралды 39,183

Jacky Kuk

Jacky Kuk

Күн бұрын

Пікірлер: 68
@caneshabarrett8249
@caneshabarrett8249 3 жыл бұрын
Please do a detailed video on trusts in Canada. How to set up? Pros & cons? Costs? I’d really appreciate it Thank you
@rosemariel.9000
@rosemariel.9000 Жыл бұрын
Were you able to find the answers to your great question. I am looking for similar information. Thanks
@azamarabear
@azamarabear Жыл бұрын
I wud also be interested 😮 in learning about trusts
@juki3451
@juki3451 28 күн бұрын
One must do their due diligence as it can be costly & timely for those left to close & liquidate a passed love one.
@shirleylangton7967
@shirleylangton7967 3 жыл бұрын
This video was very informative and easily understood. Thank you.
@ADfamily81
@ADfamily81 Жыл бұрын
love your content sir , keep it coming, watching from Windsor Ontario
@nassimahmad
@nassimahmad 3 жыл бұрын
You are excellent!!!!🙏🏼🙏🏼🙏🏼🙏🏼😊
@miaa7097
@miaa7097 4 жыл бұрын
I have been following you most of 2020. I just moved to BC. And I can't wait to go housing job
@laureneviarobo1077
@laureneviarobo1077 2 жыл бұрын
Great info. Well explained. Thank you
@alidef
@alidef Жыл бұрын
Thank you, this was a great video.
@sukhwinderkumar5816
@sukhwinderkumar5816 2 жыл бұрын
easily to understand this video. thank you.
@ahamedularefin9426
@ahamedularefin9426 2 жыл бұрын
Super informative
@lori9423
@lori9423 4 жыл бұрын
Great video. Could you do a video on retirement planning. I need a calculator or tool to know when i can retire and how much I will need
@lifehope4603
@lifehope4603 3 жыл бұрын
Jacky , can you do a video on the bail in & emergency order on your assets?
@JL-ku7wo
@JL-ku7wo 3 жыл бұрын
Great video. Like others have commented could you do something about trusts or provide some more info or a website about them and how it works along with a will.
@Wellspring604
@Wellspring604 3 жыл бұрын
Thanks Jacky. Would you do a video about Estate Planning for childfree people who may or may not be married? I think a lot of younger people are opting out of having children nowadays.
@mohamadalrifai2305
@mohamadalrifai2305 3 жыл бұрын
Jacky, you are awesome! Thanks a lot.
@nassimahmad
@nassimahmad 3 жыл бұрын
Excellent video! 👍
@CanadianOptionsTrader
@CanadianOptionsTrader 4 жыл бұрын
Great video! Thanks for this info!
@yogeshbhavsar706
@yogeshbhavsar706 3 жыл бұрын
Informative and easy to understand. Thanks my friend.
@Absolutely.Horrible
@Absolutely.Horrible 3 жыл бұрын
Thank-you so much for all this information
@rizmua
@rizmua 3 жыл бұрын
Brilliantly explained!
@manmanla6502
@manmanla6502 3 жыл бұрын
Can you talk more about trust?
@arashzaryoun5181
@arashzaryoun5181 Жыл бұрын
Thanks for the information Jacky. Do you provide virtual consultation?
@JackyKuk
@JackyKuk Жыл бұрын
yep, email us at jacky.teaches.finance@gmail.com we take ON/BC clients
@ccar1332
@ccar1332 4 жыл бұрын
Thank you! Great vid.... it has got me thinking about my kids future. :)
@candacecorriveau9252
@candacecorriveau9252 3 жыл бұрын
Can you explain a deed of gift and trust
@outta10network92
@outta10network92 4 жыл бұрын
Would you say we are entering a buyers market?
@sschiavo8190
@sschiavo8190 11 ай бұрын
Do I need to notarize a will in Ontario before the probate?
@JackyKuk
@JackyKuk 11 ай бұрын
Nope wills do not ened to be notarized to be legal, but it can help in case of family conflict
@catherinedesilets8960
@catherinedesilets8960 2 жыл бұрын
Just subscribed. What type of insurance would one consider if one owns real estate & shares in private equity funds ? Thanks
@JackyKuk
@JackyKuk 2 жыл бұрын
Depends on your needs but a perm life insurance usually go hand in hand for clients who own similar assets as you
@plangrow7855
@plangrow7855 3 жыл бұрын
Get Bouchard & Company to do your estate planning. Best in business from Surrey BC.
@biancaleva
@biancaleva 2 жыл бұрын
Nice way of putting it, government does complicate our life's to the fullest. Can minor under 18 years old own part of my investment like real estate?
@JackyKuk
@JackyKuk 2 жыл бұрын
Technically yes but its super inconvenient to do something like this, maybe can put into trust and they are beneficiary
@danielnunes5978
@danielnunes5978 2 жыл бұрын
Excellent video to follow with much appreciated information. Thank you!! I would like to know more about assets inside a holding corporation and the possibility of selling shares to your children. Thank you
@judecoutinho1494
@judecoutinho1494 3 жыл бұрын
Great informative video Who can I go to create a family trust Can you recommend a professional please Thank You
@WorldMusicFJT
@WorldMusicFJT Жыл бұрын
I need some info on trust fund.
@tanyaperrin8844
@tanyaperrin8844 4 жыл бұрын
When you say "you can hire a professional executor", are you talking about a trust company? Because unless you have a very large estate, they aren't that interested in you, and they also don't like you to name beneficiaries on your RSP's and TFSA's, which is annoying. Or, are there professional executors that you can hire for a flat fee, and if so, how does one find them?
@JackyKuk
@JackyKuk 4 жыл бұрын
Some law firms also offer this. Usually fee is a % of estate FMV negotiated prior to working
@mariawong4733
@mariawong4733 3 жыл бұрын
For principal home pass to my children, do my children need to pay probate fee and capital gain for this asset?
@JackyKuk
@JackyKuk 3 жыл бұрын
No cap gain usually but yes probate
@mariawong4733
@mariawong4733 3 жыл бұрын
Thanks Jacky! For rental property, when I decease, my children need to pay capital gain tax and probate fee. Am I correct?
@JackyKuk
@JackyKuk 3 жыл бұрын
yep, also your rrsp is counted as income, thats also one thing people miss
@leninmonk
@leninmonk 4 жыл бұрын
Is my home protected from creditors? my wife is a joint tenant on my home title and i dont want her to be homeless if I pass away.
@victorsalisbury3554
@victorsalisbury3554 Жыл бұрын
King estate only get fraction life plan
@FS02012
@FS02012 3 жыл бұрын
Can i use the money from my trust
@JackyKuk
@JackyKuk 3 жыл бұрын
yes you can, but check with your cpa to make sure strcuture is ok to do so
@marcelmed4574
@marcelmed4574 Жыл бұрын
Jacky, what city are you in?
@JackyKuk
@JackyKuk Жыл бұрын
Vancouver
@shannonelise6647
@shannonelise6647 4 жыл бұрын
What do you do if a charity beneficiary does not sign a release? We have been waiting for 2 years with out a response.
@jenniferrobinlee
@jenniferrobinlee 4 жыл бұрын
Write them, give dates as deadlines according to any legislation that applies in this scenario.
@JackyKuk
@JackyKuk 4 жыл бұрын
What Jennifer said above is good advise. Can also check with lawyer to make sure the action and deadline you give are complied with provincial law
@mordet2
@mordet2 7 ай бұрын
Am 30. Don't need this info right now. Still interested. Help.
@ANickerson411
@ANickerson411 2 жыл бұрын
Unfortunately my mother is in an Ontario hospital with Alzheimer. She has investments that I would like to cash in to get her into private care. The problem is her common law husband for the last few years is going to try to stop me from doing so for his own gain, so I was trying to figure out if he has any say in the matter? I'll check your page for other topics relatable. Thank you.
@JackyKuk
@JackyKuk 2 жыл бұрын
You can consult a lawyer to take over as guardianship but it may be difficult
@jenniferkoo6661
@jenniferkoo6661 2 жыл бұрын
Just wonder,are you the estate lawyer!wants to know more details
@JackyKuk
@JackyKuk 2 жыл бұрын
No sorry, financial planner!
@victorsalisbury3554
@victorsalisbury3554 Жыл бұрын
Castle attack defence points
@CheekyMonkey888
@CheekyMonkey888 4 жыл бұрын
gov never loses do they vultures
@ELIASyIBARRA
@ELIASyIBARRA 2 жыл бұрын
It’s seems like it was designed to be complicated. The less informed the individual, the more revenue for the government.
@momo777777777777777
@momo777777777777777 4 жыл бұрын
Questionnable timestamps lol
@JackyKuk
@JackyKuk 4 жыл бұрын
Crap lol copy pasted from before
@victorsalisbury3554
@victorsalisbury3554 Жыл бұрын
Still alive reading death threat haven't happend yet
@fredhooshi4294
@fredhooshi4294 Жыл бұрын
insurance for old people is not practical and/or very very expensive
@JackyKuk
@JackyKuk Жыл бұрын
depends on what needs to be insured, from estate perspective its still likely one of the cheapest way to fund a solution vs others
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