Life insurance plays a huge role in estate planning, it provides financial support to your family if you are no longer around to take care of them. Your insurance needs will change as you go through the different stages of…

Consider a Marriage Contract This weekend my husband and I celebrated our 25th Wedding Anniversary, quite an accomplishment considering 40% of marriages end in divorce. It hasn’t always been easy but good communication and mutual respect has always been at the…

It always makes me laugh to see the Staples’ back-to-school commercial showing parents dancing down the aisle to ‘It’s the most wonderful time of year’ as they throw school supplies into their buggies. It is hard to believe the kids…

If you have ever wondered whether the 1% fee you pay your advisor is worth it, rest assured you are getting a great deal. In fact, according to a study by Russell Investments’ Canadian Financial Advisors are worth 2.88% – almost…

More than 1.3 million women and almost 350,000 men become widowed in Canada every year.    Losing a spouse unleashes a deluge of financial tasks that can be daunting, even if the survivor was actively involved in the financial matters before…

Earlier this week I attended a Women’s Advisor Conference hosted by Manulife Financial. It was a fabulous event; educational and insightful, but the best part was being surrounded by intelligent, like-minded women. Many women today must balance several priorities: career,…

With soaring inflation and interest rates on the rise, many Canadians are concerned about their day-to-day cash flow. When looking at your personal finances remember it is not just about the math; your emotions, psychology and behavior play a significant…

Every time you turn on the computer or listen to the news these days, it’s all bad news for stocks, bonds, and the housing market. Everything being reported focuses on how much prices are down from their peak levels. However,…

    Summer is finally here, after a long winter many Canadians are itching to get away. As an incentive for Ontarians to travel within the province the Ontario Government has introduce the Ontario Staycation Tax credit, here is a…

When a TFSA account holder dies, the tax implications may vary depending on who is named as beneficiary, the type of TFSA, if the value of the account increases after death, and how long it takes to distribute the assets.…