Life is unpredictable, particularly as we become older. Illnesses and accidents can happen without warning and present difficulties for people and companies alike. If you’re a major participant or business owner, the operations and financial viability of the organization...
Recent census data reveals that approximately 1 in 8 Canadian families with children are blended families. Blended families include various combinations, usually with children who are biologically related to one parent and those who share biological ties with both...
We are all storytellers by nature. Stories help us find meaning in the chaos of life, weaving together the threads of our experiences into a coherent narrative. Stories help us make sense of the world around us, whether they...
The idea of a trust fund may evoke images of carefree individuals living off inherited wealth, but in reality, trusts serve as powerful tools for financial planning and protection. Even while you might not want to leave your heirs...
In today’s world, family dynamics can be complex and multidimensional. With over a quarter of Canadian children living with only one parent, and scenarios involving divorce, remarriage, or children from multiple partners becoming increasingly common, estate planning requires thorough...
When it comes to financial wellness and longevity, careful planning of beneficiaries is essential. Often, when drafting a will, individuals may overlook the importance of selecting beneficiaries thoughtfully. While it’s common to designate a spouse or partner as the...
When considering aging and financial wellness, it’s crucial to approach the selection of beneficiaries for your RRSP, TFSA, or life insurance policy with careful thought. While it may appear simple to assign beneficiaries, doing so without careful planning can...
If you think the word “budget” sounds like a four-letter word, you aren’t alone. Yet no one needs a budget more than an adult approaching retirement age. By the time you hit that milestone, you may be facing health...
When retirement was at age 65 and the average lifespan was only around 70, retirement was a well-earned respite after a lifetime of hard work. But with increasing longevity and rising costs, a retirement lasting decades is more and...
When planning for retirement, it’s a good idea to make a budget so you’re confident you have enough. Creating that budget can be challenging, but there are a few often overlooked areas that must be taken into account. Consider...