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I like the way Seguin Financial always asks for my input and fully involves me in the decision-...

Nick Cardone

The Greenwood Centre
3200 Deziel Dr. Suite 210
Windsor, ON, N8W 5K8

Phone: (519) 974-6688
Toll Free: +1 866-973-4846
Fax: (519) 974-7192

In Trust for Accounts

Unlike tax-sheltered RESP's, In Trust For accounts are fully taxable. Dividends or interest income are taxed in the hands of the adult, but capital gains are taxed in the hands of the child. A child could receive up to $15,268 in capital gains each year and not pay any tax since the basic personal credit of $7,634 will offset the taxable portion of the capital gain ($15,268 x 50.00% inclusion rate = $7,634). Consequently, the degree to which investments generate capital gains will make a considerable impact on the after-tax return of In Trust Accounts

Mutual funds are offered through Manulife Securities Investment Services Inc. Insurance products and services are offered through Seguin Financial Group Ltd. Seguin Financial Group is a trade name used for both mutual fund & Insurance business activities. Banking products and services are offered through referral.