The Family Office Insider

Inside Look at IPPs (Individual Pension Plans)

In this episode of Family Office Insider, host Jason Nagel, founder of Three60 Wealth in Calgary, sits down with Tatenda Mawoyo from GBL & Associates to break down Individual Pension Plans (IPPs) and who they’re best suited for. Tatenda explains what an IPP is (a defined benefit pension plan designed for business owners and incorporated professionals) and why it can be a powerful alternative to an RRSP for the right person. They cover who typically qualifies, why age and salary structure matter, and how IPPs can offer higher contribution room, tax-deductible funding through a corporation, tax-sheltered growth, and even early income splitting opportunities. They also dive into key planning questions like: * How IPPs compare to RRSPs and corporate investing * What happens to an IPP if you sell your business * Setup and ongoing costs (and what’s included) * Common misconceptions about IPPs being “too complex” or “too rigid” If you’re an incorporated professional or business owner with strong corporate cash flow and you’re looking for a more efficient way to build retirement wealth, this is a must-listen. Interested in seeing if an IPP fits your plan? Reach out to Jason and the Three60 Wealth team to explore whether it makes sense as part of your overall financial strategy.

Estate Planning for Blended Families - The Challenges

Planning for a blended family can feel like walking a tightrope. You want your spouse protected, your children treated fairly, and your legacy carried out without conflict. In this episode, Jason Nagel breaks down four key strategies that can make all the difference when money, emotions, and competing priorities collide. You’ll learn: * How a spousal trust can provide lifetime security for a spouse while preserving assets for children from a previous relationship * Why insurance planning is often the missing piece to balance inheritances and cover tax liabilities * How choosing the right executors and trustees can prevent delays, resentment, and unnecessary legal battles * Why clear communication (sometimes with a neutral facilitator) is one of the most important steps to keeping the peace Jason also explains why planning gets more complex for business owners and holding company structures, and where to start if you want a clear, finished plan that reduces stress for everyone involved.

Adding Your Child to the Family Cabin Title: A Costly Estate Planning Mistake

Many families believe that adding a child to the title of a family cabin is a simple way to avoid probate and reduce taxes. Unfortunately, this strategy often creates more problems than it solves. In this episode, Jason Nagel breaks down why adding a child as a joint owner of your family cabin can trigger unexpected capital gains taxes, misuse your principal residence exemption, expose the property to your child’s creditors, and disrupt your estate plan altogether. You’ll learn: * Why adding a child to title can create an immediate tax liability * The hidden creditor and divorce risks many families overlook * Why your will may no longer work the way you expect If you own recreational property or are thinking about passing assets to the next generation, this episode highlights why proper tax and estate planning is essential before making any ownership changes. Learn more about our Family Office approach at: https://three60wealth.ca/family-office/ [https://three60wealth.ca/family-office/] Follow Family Office Insider for practical planning insights designed to help business owners and families protect what they’ve built.

Keeping the Family Cabin in the Family: How to Pass It Down Without Conflict

For many Canadian families, the cottage or cabin is more than just real estate. It is a place filled with memories, traditions, and legacy. But passing a family cabin down to the next generation can quickly turn into conflict if it is not planned properly. In this episode, Jason Nagel breaks down the key financial and estate planning considerations families need to think about if they want their cabin to stay in the family and avoid unnecessary stress, tax surprises, or sibling disputes. Jason walks through the real issues that often get overlooked, including capital gains tax at death, how to fund ongoing maintenance and major repairs, and what happens when children are in very different financial or life stages. He also explains why leaving a cabin equally to all children is not always the fairest solution and how thoughtful planning can prevent resentment down the road. Finally, Jason shares why a co-ownership agreement, created while parents are still alive and with input from the kids, can be one of the most effective tools to preserve family harmony and protect the legacy of the property. This episode is especially relevant for business owners and families who want to protect what they have built, plan intentionally, and pass down assets with clarity instead of conflict. In this episode, you will learn: * How capital gains tax applies to family cabins in Canada * Why lack of liquidity can force a cabin sale after death * How a “cabin fund” can prevent future financial stress * When equal ownership may not be fair ownership * How co-ownership agreements help avoid family disputes If keeping the family cabin in the family matters to you, this is an episode you will not want to miss.

Eligible vs. Ineligible Dividends: What Canadian Business Owners Need to Know

If you own a business in Canada, understanding how dividends are taxed is essential to making informed financial decisions. In this episode, Jason Nagel breaks down the difference between eligible and ineligible dividends in simple, practical terms. He explains how corporate tax rates impact the type of dividend you receive, why some dividends are taxed more favourably than others, and how Canada’s tax integration system is designed to balance corporate and personal taxes over time. Jason also explores the real advantage of the small business corporate tax rate, not as a permanent tax savings, but as a powerful tax deferral strategy that allows business owners to reinvest, expand, and create flexibility inside their corporation. This episode will help you have better conversations with your accountant, understand your options more clearly, and make smarter decisions for your business and family. Key topics covered: * Eligible vs. ineligible dividends explained * How corporate tax rates affect personal taxes * The concept of tax integration * Why the small business tax rate creates deferral opportunities * Strategic considerations for Canadian business owners For educational purposes only. Always consult your professional advisors before implementing tax strategies.