Evan is a CFA Charter holder (Chartered Financial Analyst), board member and treasurer of the local Okanagan CFA Society. He obtained his Bachelor of Business Administration (BBA) specializing in Finance from Trinity Western University in addition to completing the Canadian Securities Course (CSC) and the Investment Funds course (IFIC). Evan also holds his Certified Financial Planner (CFP) designation. Prior to joining the Nicola Wealth team in Kelowna, Evan had a 10-year career at one of Canada’s largest financial institutions in both retail and commercial banking where he gained experience in complex business lending strategies, client management, and comprehensive business growth planning.
To get the most bang for your buck, it’s an advantage to hold Canadian-based investments in your TFSA. Better yet, high-yield, interest-bearing investments get some of the best tax advantages being held in a TFSA.30 May 2021
Estate planning comes more into focus in retirement as you contemplate how you want your estate to look. What will happen when your estate arises and how best to plan to make sure your goals are achieved but also impart the least amount of work/stress on the people that have to deal with the estate? What goals do you have for your estate? Are there loved ones or charities you would like to provide for after death? What is the taxable consequence of your estate based on their current situation and is there an ability to implement planning that would lead to a more favorable after-tax outcome? Is there a way to have less court involvement or more privacy in the estate to get assets to your desired beneficiaries (people/charities) faster or in a less public manner?30 May 2021