Mike Lafitte
Vice President & Senior Private Banker
Tel:
403-234-3531
Tel:
403-354-2005
Address
525 8th Ave SW
9th Floor
Calgary, AB
T2P 3N9
Map
Publications
| Philanthropy | |
| Philanthropic Services for Private Foundations | |
| A dedicated BMO Wealth Management professional works with you to provide the customized services your foundation requires. | |
| Business Advisory & Succession Planning | |
| Intergenerational Wealth Transfer | |
| The successful transfer of wealth to the next generation requires the careful construction of a plan that considers the wealth requirements of each generation and the communication of a family constitution across the generations. Only about 10% of wealthy families adequately prepared the heirs for their future. Intergenerational wealth transfer does not happen by accident; families must work together to document their constitution and build family governance that will manage the wealth over the generations. | |
| Tax Planning Strategies | |
| Canadian Snowbirds and U.S. Income Tax | |
| Although Canadian snowbirds reside in the U.S. for only a part of the year, there is the potential of being considered a U.S. resident and, in turn, having to pay U.S. income tax on the same basis as a permanent U.S. resident. This article outlines how the U.S. government determines whether you are a resident for income tax purposes; namely, it covers the criteria for meeting the Substantial Presence Test, Closer Connection Exception and the Canada U.S. Income Tax Treaty Tie-Breaker Rules. | |
| Managing Your Wealth | |
| Wealth Planning Facts & Figures | |
| This is a helpful resource summarizing important tax, retirement and estate planning information. | |
| Estate & Succession Planning | |
| “Stress Testing” Your Estate Plan in a Time of Crisis | |
| April 30, 2020: A crisis can be a catalyst for action if you don’t have an estate plan – or even a Will. Here is a checklist to help ensure your estate plan is up to date, reflects your current wishes, and continues to align to your goals. | |
| Estate planning for complex family dynamics | |
| Today, the modern family comes in many different shapes and sizes; this diversity is having an impact on family relationships and the way families interact when addressing estate planning. | |
| Economic and Market Updates | |
| Wealth Experience Podcast | |
| Tune into The Wealth Experience podcast channel for an exclusive BMO Wealth Management Podcast. | |
| Federal Fall Economic Statement | |
| Ottawa’s Fall Economic Statement reveals a brighter federal fiscal picture than the Budget of nine months ago, opening the door for some new policy measures. And, as widely expected, the centrepiece of the update was a major-league ramping up of depreciation allowances on business capital spending. This big-ticket item (which will alone cost almost $5 billion in FY19/20), along with a sprinkling of other measures, will more than absorb the moderate revenue windfall, with the budget deficit now expected to tick up slightly in the next fiscal year (which begins next April). Read On… | |
| Current News / Affairs | |
| Client Podcast: U.S. Election Insights: What’s Next for the Markets and Economy | |
| In this episode, Sylvain Brisebois, Senior Vice-President and National Sales Manager, BMO Private Wealth speaks with Lesley Marks, Chief Investment Officer and Head of Investment Management, BMO Private Wealth Canada, and Doug Porter, Chief Economist, BMO Financial Group to discuss the U.S. election and potential implications for the markets and economy. | |
| Education and Knowledge | |
| Periodic Table of Asset Class Returns | |
| As the Periodic Table of Returns demonstrates, your portfolio should be well diversified amongst global asset classes to enhance return and reduce risk. Click to read more. | |
