Finance - Tax Planning for Older Adults (Queens County)
This 2.5 hour course will focus on tax planning issues that impact older adults. Our agenda will include a review of current tax rates; tax deductions often missed by older adults; spousal pension splitting; RRSP withdrawal timing and requirements at age 71; Old Age Security and the Guaranteed Income Supplement; the benefits of charitable giving and a hodge podge of other items. Tax issues regarding changes to ownership of your home and real estate will be briefly discussed; however, for a more thorough analysis of this topic, as well as financial issues related to living at home, in a community care residence or a long-term care home, see the separate course titled, "Housing and Related Financial Issues for Older Adults."
Course Locations and Times
| Offering Period & Time | Location | Status |
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| Fall | | | |
| Winter | 01/21/2026 - 01/21/2026
Wednesday
9:30 AM - 12:00 PM | Royalty Center Room #125 (125)
40 Enman Crescent
CHARLOTTETOWN C1E 1E6 | Not Open Yet |
| Spring | | | |
| Requirements | To make the most of this course, write your questions down in advance; bring them with you or send them to the instructor before hand upon his invitation to do so. Answers will be provided in a general way without dealing with specific personal information. If you change your mind or cannot attend, other members may be able to take your place and/or the instructor can reduce the number of handouts made available, so please respect others by cancelling your registration as early as possible. |
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| Objectives | The goal of this session is to bring your attention to certain tax deductions available to older adults, and unexpected tax traps they often face. The focus will be on issues that are not common in younger years, and on topics which your tax preparer may also not be aware if they work mostly with younger taxpayers. This is not an in-depth training course - it is to bring awareness of tips and traps so that you can obtain further advice, and save some taxes or avoid some penalties. Tax legislation changes often, so rather than relying on what you learn in this course, you should review the concepts that concern you with your own tax advisor. |
| Teaching Process | PowerPoint and Question and Answer |
| UPEI Parking Pass Required? | No |
| Additional Costs? | No |
| Additional Costs or Information | |
Course FacilitatorBlair CorkumBlair is a Chartered Professional Accountant who has provided tax and financial advice for 48 years. He is unique in PEI because he focuses primarily on giving hourly based, fee-only financial advice as a Certified and Registered Financial Planner. He does not sell any investments, insurance, or other products, and does not receive any commissions or referral fees, thereby ensuring his independence and objectivity. Now semi-retired, his engagements are primarily one-time only meetings with older adults giving financial advice in the areas of retirement planning and long-term care matters, offering second opinions on the appropriateness of existing financial plans, and assisting with tax and estate planning, in addition to his financial divorce counselling. Blair considers himself a lifelong learner and also holds designations of Chartered Financial Divorce Specialist – Advanced Accreditation, Chartered Life Underwriter and Certified Health Insurance Specialist.
Blair has written numerous articles and provided many seminars on financial planning topics, and has his own web site (www.corkumfinancial.ca) with over 100 of his articles and useful links to help you ensure you are doing the right things with your money. He has been profiled in national magazines, quoted in a variety of publications, appeared as a guest on radio and television, and volunteers with several non-profit organizations.
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