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> WAl “(1L)“ CHRONICLE ' Wednesday. December 1551010 - 23 5,555, _~ - 55 . . ,5 ~ 4 ‘Aiég-x‘i ‘rt 1,131 its“ '_ __ if . .‘ 5 5. stew . _ , e est way to 5 A M (5 . . -. KIA 5 ~ / give cash gifts ~ ‘ . TE F 5 if“ on Can't go wrong givmg the gift of'cash to your .. , f . M kids or grandkids at Christmas. Or can you? ”7 ’ 5 ..5i 5 5.11“ M Sure. financial gifts are usually always appreciat- . 4 .. ' _ “ .5 5 -. 1 ~ ~~ ,’ ' ed but once the cash is gone, " 5 --m 5 M v , ‘ ' ., . a.“ it's gone. ' 5 ~ 3195 ‘ fl ."'!b.. : Here are a few more we \l \‘ . - ’ , M 5 ' . “Wu. ative wa- ‘ - . » \l\l ,,--~’ . ~' if N ys to give money as a 5 ‘ , . _ a” 5 459. - \ N5. gift M ways that will keep on \l()\ l\ - ' "" ' a giving: . 5 '(‘~ 0 Consider buying a stock, 1 115 . ‘ . “5.5 '."‘~\ bond or units of a mutual ’ _ i <5; 5. ‘ ‘ 5 _ , _ _ . ‘ \ “a. " ;, rm, fund in the recipient's name. ’ _ 5 “5.5. ‘ ”151.535 : ;;l 5, g} ”a Ste . _ \\1 , 7; 5; \- \" .‘ {7 The recipient isn't likely to 4 3 wig;- a? 5135§~ 3111 5 455; it; Q a 5 5,55 _ . -. 5 cash them in and buy items ‘ 5 ‘ ' iii; ' , we \ ' "‘ ~ - ~ which will be consumed in a 5 h 5 _ : short period of time. If the 5 ‘ . , ' 5 a , recipient is a minor, they will i *’ i 5 ‘ m not have the legal capacity to 5 ‘ zen KIA mo “an... 2011 am sou. “a...” cash the gift until they reach . % ‘ s m W usumum-ncsmon “Laura the a e of ma'oritv ‘ 23,531; M mm ’ i : g , - M ~ l 055555 5m- 5 + - 5 “3.995 515,579 5 n! ' lake your gift of stocks even further by selecting “mm” 0...“in no," “v 3231 M, 2:17.51” l £052,000 mm those with special meaning for the recipient. For ‘5_b‘_55__wL“"L-_m5â€"h_ “fix“..~__m I example, if you are trying to teach children about the m'€:»'353bm7£°532? ugtfiuf‘flfw‘s" 15. ”MWWPSSW m 57: fybfifimfiqfii m NU'ED‘W' “A“ G igomffofl value of investing. choose stock in a company that ’ produces toys, entertainment, games or foods they like so they will understand that the stock can provide ‘ 5 , tangible benefits As they grow older. they will see their - investment increase in value and come to understand _ _ how capital markets work. @10,,_W, Shh 7‘ vhf VlAu’i‘ “5 ' (live funds to the parents to contribute to invest- “crane W ments that are held within an RESP. it's generally not 3°“KIA ”out“! thE'N-wymflâ€"v 20" KM memo 5 mummy, 55.5.5 recommended that grandparents establish a separate 5555. my A, usunnouss minim-1 in ”a.“ mufcmnvw: 5m RESP for their grandchildren _ for example. if the 3299‘2’1‘21‘“ 3 9x “A“ + $19,895 $21 679’ "1 00 child decides not to pursue a post-secondary educa- mwâ€" 5 if!“ “IZWWM. ..5,,. . ,5.., 5m. ’ 7 + tion and the plan income is withdrawn as an accumu- <‘ " W“ '""4"' Li’55’4floo 51:22; I lated income payment (Alp), grandparents over age 69 N M will not be able to contribute the All) to their RRSP. BMW sxym.,.‘,,mt, ll ”“m‘mms‘m Oilfimm my” m,m_mq,%, K “‘”“’“’°“"““ Qiifflmmmot instead. give the money to the parents to invest in the 5 "” ‘m “W M” Q $550.va lfififfiftw 0" '°°“‘"°°‘"m'°“‘ Q 231.0me ltimfim plan they have in place for the child. - Create a formal trust. if the amount of the gift is Sig» L. “3914052312552..." KIA menial: "mums nificant. a formal trust can ensure that adequate con- v5 wflmmmumm 5,“ °°'"'5‘°‘_~3"’5 MU" “mm“ trols are in place and that the funds will be used in the ' KlTCHENER KlA Mn“ and“ bly mmmw intended manner. . Giw‘n a financial ift to kids or ndkids can be a . ® great we?! _ 3 gm (he?! keeps on $51,212 _ if the gm is 300 Homer Watson Blvd, Kitchener 519-571-2828 www.kttchenerkna.com properly structured. , ' KIND I!” leomr PM Ming ”that! 001m lid MINDY!” M Ind - l ... nllqundftory mam-m mm. on“; Genet «We dealubdmmtst'atron fees l m [9 "$7 This cqumn is provided by MrFuc/mie Group Private “*‘"9"°99‘ “WWW ”5“ °' ‘°°"“°“ “m ‘ ' . _ 5 inw‘l-vn..fi‘ll“‘.~flflll-__-nl‘.l‘fiiill‘Oâ€"-'l“a“.flmlnlnIIâ€"iflliâ€"l.“IIâ€"hmdfll-fl‘flâ€" -~-â€"‘.-fl- Wealth Management (mum Rm Mfowhme (H? :-:;.=.::.....- "" fatnmuzmzmrzrmrz...”'-'5:'-.;.:'....'~":=:::::'.::7'.::r:_':r.:-.'.::.-.'.:....."fins:::::.;':.'.'.' (1534- CDM (11 519-836-2350 9X1 341 of WS- am*:::::::r:.7;1:57.:?;::55._'-“'2:27.33..."'mafm'Wâ€"xm'w-mzme1fim’...""r: m~"-:‘.‘:r.' seIl. mceachnie®i n Des to rsgrou p. com :'::':'::.:;::'.:=:::‘:.-r:::r.=1:7:=a'?a rammzmmmannmmxmrmfimmmz 15mm“ h“m~-.b-NI.â€""~_.-I-‘M~~.M.~--â€"-II- Dha-‘HN‘l'flQ-hfidfl »---n~â€"â€"n-~u--hâ€"~ wit-m“~.â€"_Im~ll hM-n-m..â€"--1b-Dl-~O-â€"l-lil-l.-l-Din-Iv.” h..‘ t-* ---â€"â€".-n-_~ hlinlhhtflHmO-vfl-~mluwi I -l-~l.l Cllulmtâ€" ' -‘:7:‘~:?.-:- '. ‘â€" ' 5 . :-.~.-,,::;-.'; \ f? 4 fl . _\ .~\\ ‘ = J 5 , 5 I h i" l, \ \ \~ ~ 0 q ’ 5 ' g 7 / 5 Q s f 5, 5 (If/«fl C: OlfiO'ZU a $5 â€" . ~ â€", Glenbnar Home Hardware 71h a 5 p , h . ..: 3- To you and your Family ' .: S. O 0 '. -:5 I . from the Staff and Management at L E N B R I A R ., %:.-~ PLUMBING SHOWPLACE I Glenbnar Home Hardware _ 262 Weber St. North, Waterloo I 5. ‘ See Us For All Your Holiday Needs 519-886-2950 05 / 5 Store Hows: Mon-Fri 8AM-8PM, a , Have a Safe Holiday Season Sat. 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