Consider making a charitable donation, topping up your RESP, using your benefits, adding to your savings, and, above all, monitor your tax tab, advises Lesley-Anne Scorgie.
The Canada Revenue Agency has provided new guidance on what is considered a “reasonable” expense for educational purposes.
Allison Nichol Longtin and her husband were united in their love of planning and making plans work. And yet, they didn’t have a plan for the worst-case scenario. When he died, there was no will. But there was life insurance.
Life Insurance as an Asset Class Life insurance can be an alternative asset for individuals looking for a product with a reasonable return and low
Life insurance is an important tool that helps you protect your loved ones from financial distress if you die. There are also advantages to life insurance beyond the death benefit.
Knowing how much you need to save based on how old you are now can start you on the path to help you reach your retirement goals. There are a few simple formulas that you can use to come up with the numbers.
Without a doubt, life insurance is valuable protection provided by your employee benefit plan, but should it be the only life insurance coverage you have? Probably not, if you want to ensure you have long term protection sufficient to cover all your family’s financial needs should you die unexpectedly.
To get a better grasp of your financial health, it might help to ask yourself a few key questions—consider this a self-assessment of your financial health.
Here are seven more reasons to consider using a trust in your financial planning.
Providing children with spending money is just one use of a family trust. Here are seven reasons why you might consider setting one up.
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