Jamie Golombek is Managing Director, Tax and Estate Planning at CIBC Private Wealth Management, where he works closely with advisors and clients from CIBC Private Wealth Management, Wood Gundy, Imperial Service and other CIBC partners to deliver integrated financial planning and strong advisory solutions. Jamie is quoted frequently in the national media as an expert on taxation.
(February 2006) At the end of the month, your clients will begin receiving their year-end statements. If they disposed of securities in 2005 they will also receive either a Canada Revenue Agency T5008 slip, known as a Statement of Securities Transactions or a customized statement from their dealer, broker or fund company detailing a list […]
(January 2006) A spousal or common-law partner RRSP (hereafter referred to simply as a spousal RRSP) is one of the few explicitly legislated ways to income split between spouses or common-law partners. The primary benefit of a spousal RRSP is that funds withdrawn can be taxed in the hands of the annuitant spouse instead of […]
(December 2005) Creditor protection may soon be coming to an RRSP near you. This is great news for small business owners or professionals, such as doctors and lawyers, because when it comes to estate planning, these clients often cite the issue of creditor protection as their biggest concern. While insurance products in most provinces already […]
(October 2005) Advisors are no doubt familiar with the ever-looming threat of being hit with a lawsuit from a disgruntled investor who experiences losses in his or her investment account and then proceeds to sue his or her advisor for “inappropriate investing.” A recent Canada Revenue Agency Advance Income Tax Ruling (2005-0118591R3) released last month […]