Finance


“You’re Fired!” vs “I Quit!”

The estate trustee’s dilemma

By Marcia Green, LL.B

What do you do if you decide you no longer want the job of estate trustee?

What do you do if the beneficiaries decide they don’t want you to be estate trustee anymore? Continue reading

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Plan the best structure for your charitable giving

Donations to a registered charity qualify for the charitable tax credit which can reduce the amount of federal and provincial income tax you are required to pay for the year. Continue reading

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Choose the Wording of your Will Carefully

will

What happens if the beneficiary in your will no longer exists (in the case of a charity) or dies? It depends, says lawyer John Peart. He provides the details. Continue reading

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Your Finance: Joint Bank Accounts

A 2007 Supreme Court of Canada decision clarified what happens to joint accounts when one of the account holders passes away. Lawyer Marcia Green explains … Continue reading

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New Financial Planning Strategies for Women

Recent polls indicate that women are less prepared financially both during their working years and as they approach retirement. Continue reading

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Bequests Against Public Policy

Did you realize “case law has said that there are public policy reasons to void certain types of bequests” in wills? Lawyer John Peart explains. Continue reading

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The Family Cottage

cottage

Is your family cottage a cherished retreat, filled with wonderful memories? What happens when it passes on to the next generation? Continue reading

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Changes to the Canada Pension Plan

While the new, second tier Canada Pension Plan (CPP) is modest, it will have important impacts: some good, some bad, and many may be unexpected consequences. Continue reading

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Private Wealth Management

wealth management

Many banks, mutual funds and life insurance companies offer some form of Private Wealth Management (PWM) services for investors with higher investable assets. Continue reading

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Competing and Restrictive Powers of Attorney

Powers of attorney should be straightforward and useful documents. The problem lies, however, in the details of the document and the vagaries of human nature. Continue reading

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