It’s important that snowbird seniors are covered from a financial and insurance point of view with they travel south – but today’s lower loonie may mean extra financial challenges this winter. Here are 7 tips for coping financially. Continue reading »
Tag Archives: Estate planning
Be Mine, Bank Account
Will your bank account survive Valentine’s Day? Read on for our top tips for keeping your sweet stash of cash. Continue reading »
No Love Lost: Why Families Fight Over Wills
Why do once-close families fight over wills? Turns out nothing is straightforward with love and money – including siblings and children. Here’s what to avoid when estate planning. Continue reading »
What is an Annuity?
What is an annuity, and would one be a good option for your retirement plan? We break down how this “life insurance in reverse” product works. Continue reading »
Why An RRSP May Not Be For You
RRSPs are touted as an effective way to save for retirement, but they’re not a one-size-fits-all solution for all Canadians. Read on to see if an RRSP is the right option for your retirement plan. Continue reading »
Keep Your RRSP Beneficiary Designation Up To Date
Is your RRSP beneficiary designation up to date? This details is often forgotten, but can hold big implications for loved ones in case of death. Continue reading »
Don’t Get Mad Over Money
Get ready – here come the Friday night money fights. When it comes down to getting contentious, Canadians have no shortage of qualms over their cash – and no one is spared the wrath as family members and significant others alike come under fire over financial squabbles. Continue reading »
Issues With Inheritance: Why There’s Less To Go Around
Leaving a nest egg for your kids is not as straightforward as it used to be. With seniors living longer than ever before, and with less wealth to go around, bereaved family members are advised to not count their chickens before they hatch. Continue reading »
Protecting Seniors From Financial Fraud
Seniors are amongst the most vulnerable in society – and their finances can be hardest hit by those with less-than-noble intentions. Whether you are a retiree or trying to protect your parent from masterminded financial pitfalls, here are some warning signs to abide by. Continue reading »
Estate Planning
Most people assume that estate planning is for the elderly, and for most people, it is. That is, your estate won’t be settled until after you pass, and most people’s lives tend to expire later on in life. But sadly, this isn’t the case for everyone. Some of us die long before our time, or become too ill to function. If you’re not prepared ahead of time, then you’ll have no control over where your assets go.
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