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entities that can survive a government or creditor challenge or your death alot better than an offshore trust. E is for EXPATRIATE. It is believed that will take a very $5 trillion dollars invested offshore, approximately one-third belonging to the world's prosperity. This strategy requires significant planning, as there may be opportunities further than Canada you r to invest, do business with and retire to, that can give you significant tax saving benefits.

Please be aware that CRA is working on changing the laws to follow off shore investments. Contributing an insurance deductible $1,000 will lower the taxable income in the $30,000 a year person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For your $100,000 yr person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost double the amount! The internet has provided us with the capability find mortgages that are having or close to default.

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