Category Archives: ADVISOR Newsletter Articles

ESTATE PLANNING – The Art of Dying Neatly

In today’s complicated world of tax and legal structures, a poorly planned estate can create confusion and difficulties for your loved ones at a highly emotional time, and could result in an unnecessarily large portion of your estate paying administration costs such as legal, accounting, or probate fees.

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A Possible Personal Tax Solution for Corporation Owners

By R.A. (Bob) Challis, CFP, RHU, TEP, The Nakamun Group, Winnipeg Many individuals and families accumulate and hold assets within a private corporation, most often to provide flexibility in managing the amount and timing of personal income taxes paid. While a corporation can be effective for deferring personal income tax, at some point in time, [...]

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Budget 2015 Affects Everyone

By Garry Keiller, The Nakamun Group, Edmonton The 2015 Federal Budget includes proposals that will impact the financial, tax, and estate plans of our clients. The following is a summary of the items that might relate to you:

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Commuting a
 Pension Plan

By Garry Keiller, The Nakamun Group, Edmonton Some defined benefit pension plans offer the option, under certain circumstances, such as retirement or termination of employment prior to age 55, to transfer a lump sum value to an individual retirement account. This lump sum payout is the “commuted value”, and is the present value of future [...]

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The Ups and Downs of
 Oil Prices

By Greg Farries, BSC, Calgary In June 2014, the price of oil was comfortably above $100 a barrel. Since then, the price has declined by approximately 50 percent, largely due to a classic supply/demand imbalance. New technology has enabled record global production, creating oil inventories in the US unparalleled in 80 years. The precipitous drop [...]

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A Lifetime Decision

By Floyd Murphy, CFP, CLU, CHFC, The Nakamun Group, Vancouver Selecting the optimum option offered by a defined benefit pension plan is worthy of the angst the process often causes. This is a decision that, once made, cannot be changed, and will affect the income of a pensioner, and where applicable, spouse, for the rest [...]

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Everyone’s Pension Plan/Life Annuity

By Floyd Murphy, CFP, CLU, CHFC, The Nakamun Group, Vancouver Every qualifying Canadian has at least one life annuity, thanks to the Federal Government’s Old Age Security (OAS) program. Most also have a Canada Pension Plan (CPP). OAS pays an indexed monthly income (life annuity) to everyone, and ceases the day you die. CPP income [...]

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Employer-sponsored 
Pension Plans Vary 


By Shauna Blackburn-Cook, BCom 
 The Nakamun Group, Edmonton An employer-sponsored pension plan is not a one-size-fits-all employee benefit. Depending on the type of plan, at some point, each member has an opportunity to customize the options to best meet their circumstances.

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Avoiding Chaos Amongst Survivors

By Floyd Murphy, CFP, CLU, CHFC, The Nakamun Group, Vancouver When somebody dies, family and friends want to do something to help the closest loved one(s), and with the best of intentions can inadvertently cause estate chaos. An action-oriented relative might take on notifying the deceased’s banks, others might contact credit card companies, insurance holders, [...]

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Preparing For Your 2014 Tax Return

By Garry Keiller, The Nakamun Group, Edmonton Hoping for an early refund, many people file their income tax return in March, and then have to file an amendment when more information arrives in the mail in April.

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