Sure, you have insurance, but, like most, it’s probably not enough
October 8, 2022
About 67 per cent of Canadians have private insurance, but your employer’s group benefits likely won’t cover all scenarios.
About 67 per cent of Canadians have private insurance, but your employer’s group benefits likely won’t cover all scenarios.
A trust can be a part of your estate planning. But trusts can be confusing. What are they? What are they used for? Should you have one? How are they taxed?
Can a Living Trust save taxes and fees on your estate? The short answer is Yes!
Children are both curious and concerned about your overall financial situation and want to know if there’s a financial plan in place. Who could blame them?
If you are living with someone who you are not married to, you need to make sure you don’t lose everything if he dies suddenly.
Adding a child’s name to your assets won’t accomplish your goal of reducing capital gains tax.
With nearly one in four Canadian couples now living in a common-law relationship, estate planning experts are urging the ever-growing number of nonmarried couples to draw up a will to ensure their life partners aren’t forgotten once they’re gone.
Buying life insurance isn’t as exciting as buying a car or TV, but knowing how to buy life insurance can play a vital role in your long-term financial plan.
If you are going to invest in an insurance policy, you need to understand what you’re accomplishing with the insurance. There may be more than one answer. Consider these top 10 uses of life insurance.
In 1936, the Duke of Westminster structured his affairs to allow for a deduction of an amount paid to his gardener that would otherwise not be deductible. The British tax authorities of the day didn’t like it, but the judge, Lord Tomlin, ruled that, “every man is entitled…to order his affairs so that the tax..is less than it would otherwise be.”
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