Here’s how to pass on your assets to your family members with as little hassle, tax and probate fees as possible.
Giving children too much money too early risks indulging them and making them irresponsible.
The wisest cottage owners will set some sort of timeline for figuring out who will want to use the cottage when the last of the parents is gone.
It’s been called the most powerful force in the universe. Here’s how to learn to love compound interest and let it support your financial strategy.
An expert explains whether life insurance is tax-deductible in Canada.
The housing market is hot, especially in Canada’s largest cities. Many policy attempts and proposals have been made to slow it down. The most recent proposal along these lines is a capital gains tax on principal residences.
We are entering an age of unprecedented wealth transfer for parents and children, and there are complexities for those both leaving and receiving inheritances.
Recent reports on the frenzy in the real estate market have often referenced a somewhat surprising element: Millennials have largely been driving the rush.
Not long ago millennials were being cast as victims of the wild surge in house prices.
A year ago, the projected deficit for 2020 was estimated to be $20 billion. Shockingly, as a result of Covid-19, this projection has risen to over $380 billion by the end of the year.
The recent developments in investment markets and the volatile performance that has resulted have brought about a new appeal to an old workhorse.
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