Con­clu­sion

The Prince George Citizen - - SPORTS -

This strat­egy could be use­ful in re­duc­ing your fam­ily’s over­all tax bur­den by ef­fec­tively trans­fer­ring in­vest­ment in­come from the higher in­come spouse to the lower in­come spouse.

Speak with a qual­i­fied tax advisor to as­sess if this strat­egy is right for your fam­ily and to make sure that the proper steps are taken in im­ple­ment­ing this strat­egy.

Mark Ryan is an in­vest­ment advisor with RBC Do­min­ion Se­cu­ri­ties Inc. (mem­ber – CIPF), and these are Ryan’s views, and not those of RBC Do­min­ion Se­cu­ri­ties. This article is for in­for­ma­tion pur­poses only. Please con­sult with a pro­fes­sional advisor be­fore tak­ing any ac­tion based on in­for­ma­tion in this article. Ryan can be reached at mark.ryan@rbc.com.

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