For accountants, lawyers and investment advisors
Tools and articles on common financial planning questions, for reference when you discuss them with clients. They can also be shared directly with clients, to help them understand the concepts and sort out what needs further discussion.
Common client questions and reference resources
- What taxes could arise at death, and is there enough cash to pay them?
- A first look at whether there is a gap between the tax due at death and the funds available to pay it.
- If I leave Canada, what tax issues could come up?
- A starting point for clients considering a move or a change in tax residency.
- What should I prepare before selling property in China and moving the proceeds to Canada?
- Sets out what to confirm in advance about the sale, the transfer and the reporting.
- I hold U.S. stocks. Could U.S. estate tax apply?
- Helps clients with U.S. assets get a first sense of the issue.
- If I borrow to invest, how would a market fall affect my finances?
- Compares how a market fall and a change in interest rates affect investment net worth and borrowing pressure.
- Before filing, how should I organise my foreign asset records?
- Organises foreign asset records so reporting requirements can be confirmed with an accountant.
All resources are free to use. Tool results rest on simplified assumptions and are for general education and discussion only; they do not replace professional judgement on a specific situation. Calculator inputs are processed only in the user's own browser and are not uploaded or stored; to discuss a result with an advisor, save or print it yourself.
The full list is on the Tools page; articles are under Insights.
Get in touch
If you find anything that needs clarifying or improving, or there is a topic you would like to see, please write to me at lucinda@lucidfinancial.co