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In-Trust
Accounts
Parents
and other relatives are using in-trust accounts more and more
to save money for a child, generally for his or her education.
The child can save birthday and holiday gifts, as well as
Child Tax Benefit cheques in this type of account.
(4 Pages, 1 minute @28.8) Click
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Income
Splitting Opportunuties
Income splitting is the loaning or transferring of money to
a lower-income person (for example, a spouse or child) so
that the income or gains from investing the money are taxed
at a lower tax rate, which decreases the overall tax burden
of the family unit.(4
Pages, 1 minute @28.8) Click
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Joint
Accounts - There are two important reasons that you should
consider a joint account. One is to minimize probate and the
other is to ease the administration on the account. There
is much more to know so be sure to get all the information.(6
Pages, 2 minutes @28.8) Click
Here
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