FinancialPodcast.CA: Interviewing Professionals

1) Charitable Donation Recipients.

2) Charitable Non-Refundable Tax Credit.

3) Charitable Gifts, Crown Gifts, Cultural Gifts and Ecological Gifts.

4) Donating Capital Property.

5) Donations While Alive versus via a Will.

6) Charitable Remainder Trust.

7) Using Life Insurance.

8) Donating Qualified Publicly Traded Securities.

Guest: Michelle Coleman

Michelle is a member of MNP’s Tax Services team in Edmonton specializing in Trust and Estate Planning. Michelle delivers advanced tax advice and solutions to individuals, trusts, business owners and corporations at all stages of corporate growth, from start-up to succession planning, helping them realize their goals.

Michelle provides her clients with the information and tools they need to make the best decisions possible, both for today and for the long term.

Michelle’s services include trust, estate and post-mortem planning, succession planning, tax planning for retirement, corporate reorganizations, and providing support in CRA audits, reviews and appeals, including submissions under the Voluntary Disclosure Program. She prepares and reviews personal, corporate, and trust income tax returns, and helps executors navigate their responsibilities in administering an estate.

Michelle is a Chartered Professional Accountant (CPA), qualifying as a Chartered Accountant (CA) in 2013. She completed CPA Canada’s In-Depth Tax Course in 2017 and received the Trust and Estate Practitioner (TEP) designation through the Society of Trust and Estate Practitioners in 2019 and Canadian Institute of Certified Executor Advisors (CEA) designation in 2020.

Michelle mentors students who are working through the Chartered Professional Accountants (CPA) program and preparing for the CPA Common Final Examination and STEP candidates preparing for module exams. She is a board member of Fringe Theatre Adventures, board member (deputy chair 2021) of the Society of Trust and Estate Practitioners (STEP) Edmonton and chair of the Member Services Committee of STEP Canada. Michelle was named STEP Edmonton Volunteer of the Year in 2019.

Contact:

Michelle D. Coleman, CPA, CA, TEP, CEA

PARTNER, TAXATION SERVICES

DIRECT 780.733.8622

PH. 780.451.4406

FAX 780.454.1908

TOLL FREE 1.800.661.7778

10235 101St N.W. Suite 1600

Edmonton, AB T5J 3G1

mnp.ca

1) Legal Obligation of Parent to Financially Dependent Child.

2) Legal Obligation of Parent to Adult Child.

3) Legal Obligation of Adult Child to a Parent.

4) Treating Adult Children Equally in a Will.

5) Treating Adult Children Fairly in a Will.

6) Situations Where a Parent Might Disentitle an Adult Child.

7) Strategies for Disentitlement.

Guest: Jennifer R. Lamb

Jennifer is a partner with Calgary law firm Carscallen LLP. Jennifer has helped clients in a variety of estate matters including the preparation of wills, powers of attorney, and personal directives. She has also provided advice on the role of executor, guardianship, and trustee. Jennifer has dealt with many estate planning matters regarding the interpretation and validity of wills and beneficiary designations, breach of trust allegations, the removal and replacement of executors and creditor’s claims against an estate.

Jennifer is a member of the Law Society of Alberta, the Canadian Bar Association, the Calgary Bar Association and the Estate Planning Council of Calgary.

Contact:

Jennifer R. Lamb

Partner

Carscallen LLP

Centrium Place

900, 332 6 Avenue SW

Calgary, Alberta T2P 0B2

Phone: (403) 298-8455

Fax: (403) 262-2952

Email: [email protected]

Website: www.carscallen.com

1) Holograph Wills.

2) Making an Asset Joint.

3) Mom Keeps Cash Only.

4) Loans to Adult Children.

5) Leaving the House to the Cat.

Guest:  Shannon James

Shannon is an Associate with Carscallen LLP in Calgary. Shannon has represented clients in a variety of estate, trust and incapacity matters including the roles and duties of executors, trustees, guardians, attorneys and agents. She has also been involved with the interpretation and validity of wills, the removal and replacement of personal representatives and trustees, and the interpretation, variation, and termination of trusts.

Shannon is a member of the Law Society of Alberta, the Society of Trust and Estate Practitioners (STEP), the Canadian Tax Foundation (CTF), the Canadian Bar Association, and the Calgary Bar Association.

Shannon James

Associate

Carscallen LLP

Centrium Place

900, 332 6 Avenue SW

Calgary, Alberta T2P 0B2

Phone: (403) 298-8445

Fax: (403) 262-2952

Email: [email protected]

Website: www.carscallen.com

1) Why Now?

2) Growing Up in Owen Sound.

3) The Teaching Era.

4) Service, Service, Service.

5) A Personal Legacy.

Guest: Joel Cadesky.

With more than 40 years of experience providing benefits and life insurance advice, Joel is known across the industry for his professionalism, passion and dedication to his valued clients.

Joel started off his career teaching grade 7 & 8 before being drawn into the world of insurance, with his first role in 1978 with Crown Life. While he specializes in life and group insurance, Joel is also licensed and knowledgeable in property and casualty insurance and is RIBO licensed.

Over the years, the line between “friend” and “client” has become blurred for Joel, due to the bonds that are created with many of his clients. He continues provide the highest level of service to his clients, always sharing his extensive knowledge with his warm and friendly smile.

Outside of work, Joel has been an avid professional wrestling fan, as well as a passionate sports fan with a strong allegiance to the Detroit Red Wings. Joel prides himself on a strong sense of family and community and is always happy to talk politics, wrestling…or insurance!

Contact: 

LinkedIn

1) The “Traditional” Family Unit.

2) Divorcing with Young Children.

3) Second Marriages with Children.

4) A Family Cottage.

5) Owning a Business.

Guest:  Jonathan Ng

Jonathan practices at Underwood Gilholme Estate Lawyers, a group that works exclusively in estate matters.

He assists clients in the preparation of wills, enduring powers of attorney, personal directives, and trusts. He also advises executors and attorneys on the administration of estates. Jonathan is experienced in Court applications for grants of probate and administration, and has appeared before the Court on the validation of non-compliant wills and family maintenance and support.

Over the past several years, Jonathan has provided seminars at the Kerby Centre, the Canadian Association of Gift Planners, and various financial institutions. He has appeared on CBC Radio to discuss the importance of having a Will and other estate topics. Jonathan is a member of the Canadian Bar Association South Alberta Wills and Trusts Section and the Estate Planning Council of Calgary.

Contact:

Underwood Gilholme Estate Lawyers

Phone (403) 288-8855

Email [email protected]

Website: www.willsandestates.ca

1) Succession Planning Defined.

2) Beginning Your Succession Plan.

3) Sole Proprietorships and Partnerships.

4) Common Exit Strategies for a CCPC.

5) Funding Strategies.

6) Estate Freezes.

7) Capital Gains Exemption.

Guest: Irfanali Moledina

Irfanali started his accounting practice in 2011 after completing his designation with Deloitte. As an entrepreneur at heart he feels the foundation of a strong business lies in its numbers and that is what drove him to accounting. His passion has allowed him to scale his firm, RMI Professional Corporation to a team of over 25 staff and servicing over 1500 clients annually. He has extensive knowledge in small business accounting working with various corporations and individuals including some financial advisors. Irfanali tries to live a balanced life as he is a proud husband and father of two, in his spare time he enjoys all things business and sports, mainly hockey.

Irfanali Moledina

Managing Partner

RMI Professional Corporation

203 - 2916 19th St. NE

Calgary, AB T2E 6Y9

Phone: (403) 457-4232

Email: [email protected]

Website: www.accountantscalgary.com

1) Primary Retirement Goals.

2) When to Begin CPP.

3) RRSP vs TFSA.

4) Pension Credit.

5) Age Credit.

6) Medical Expense Tax Credit.

7) Disability Tax Credit.

8) Individual Pension Plans.

Guest: Lesley Bloxham

Lesley has over 28 years of combined experience working in public practice and industry. Her passions are accounting, taxes, planning, and consultation.

She loves working with corporate clients who are in start-up, growth, maintain or wind-up stages to ensure the business is meeting the shareholder’s goals, financial reporting requirements, government obligations, and getting things done right. She also enjoys getting personal and business clients back on track to ensure all CRA tax filings are up-to-date and compliant.

Lesley is taking professional development courses in international tax and works with international non-resident clients who have Canadian investments/property or Canadian resident clients who own foreign investments/property. Educating, training, and consulting clients on “best practices” in techniques, developing processes, and financial monitoring are all very important, especially for the follow-through of the strategic plans for taxes, retirement, Estate and future. The rewards are seeing client’s dreams, goals, and commitments come true.

Contact:

Lesley Bloxham

L Bloxham Professional Corporation

403-275-6651

Email: [email protected]

1) Learn About Your Clients.

2) Learn from the Best in the Business.

3) Believe in Yourself.

4) Take a No and Turn it into a Yes.

5) See People See People See People.

Guest:  Joel Cadesky

With more than 40 years of experience providing benefits and life insurance advice, Joel is known across the industry for his professionalism, passion and dedication to his valued clients.

Joel started off his career teaching grade 7 & 8 before being drawn into the world of insurance, with his first role in 1978 with Crown Life. While he specializes in life and group insurance, Joel is also licensed and knowledgeable in property and casualty insurance and is RIBO licensed.

Over the years, the line between “friend” and “client” has become blurred for Joel, due to the bonds that are created with many of his clients. He continues provide the highest level of service to his clients, always sharing his extensive knowledge with his warm and friendly smile.

Outside of work, Joel has been an avid professional wrestling fan, as well as a passionate sports fan with a strong allegiance to the Detroit Red Wings. Joel prides himself on a strong sense of family and community and is always happy to talk politics, wrestling…or insurance!

Contact:

LinkedIn

1) The Importance of Discipline;

2) A 40 Year Journey Begins;

3) Finding Inspiration;

4) Handling Adversity;

5) Being a Leader;

6) How to Value Clients.

Guest:  Joel Cadesky

With more than 40 years of experience providing benefits and life insurance advice, Joel is known across the industry for his professionalism, passion and dedication to his valued clients.

Joel started off his career teaching grade 7 & 8 before being drawn into the world of insurance, with his first role in 1978 with Crown Life. While he specializes in life and group insurance, Joel is also licensed and knowledgeable in property and casualty insurance and is RIBO licensed.

Over the years, the line between “friend” and “client” has become blurred for Joel, due to the bonds that are created with many of his clients. He continues provide the highest level of service to his clients, always sharing his extensive knowledge with his warm and friendly smile.

Outside of work, Joel has been an avid professional wrestling fan, as well as a passionate sports fan with a strong allegiance to the Detroit Red Wings. Joel prides himself on a strong sense of family and community and is always happy to talk politics, wrestling…or insurance!

Contact:

LinkedIn

1) The Exempt Market.

2) The Major Differences.

3) The Risks.

4) How to Purchase Exempt Products.

5) Eligibility for Registered Plans.

Guest:  Sheila Nielsen  

I grew up on a farm in rural Alberta and learned many of life’s important lessons there. I had an idyllic childhood filled with the freedom to explore, build tree houses, help with the farm work and look after the animals. This gave me a deep appreciation for the land, the value of hard work and a sense of community.

I earned a Bachelor of Commerce degree and upon graduation I worked for a telecommunications company as a Programmer/Analyst for 10 years. This work included analysis, design and implementation of many systems in the billing and marketing departments.

A keen interest in personal finance and an eagerness to ‘spread the word’ about private investing motivated me to become a registered Exempt Market Dealing Representative. I became registered with Raintree Financial Solutions early in 2012. I believe Raintree Financial Solutions’ rigorous due diligence process and focus on alignment are paramount in looking after investor’s best interests.

I have a down-to-earth, common sense approach to life. My goal is to educate others about the existence of the Private Capital Market and the alternative investment choices available and to determine if it is suitable for them. Private investing is an excellent way to diversify an investor’s portfolio where eligibility and suitability have been determined. I invite you to call me today to learn more.

Contact:

203-304 Main Street South

Suite #174, Airdrie, Alberta

P 403.305.9284

E [email protected]

W raintreeFS.com/sheila-nielsen