Passing On The Family Cottage

Passing On The Family Cottage Top 3 Challenges Families Face and Solutions to Overcome Them A cottage can be a wonderful place that brings families together like nowhere else. Unfortunately, the cottage can also become a source of stress as aging parents start to ponder how to pass on the family cottage to the next[…]

5 Ways to Save This Summer

5 Ways to Save This Summer It’s official, summer is here! Like most parents you are probably looking for options to have fun, but not break the bank this the summer.  So what can we do to keep our kids active while enjoying quality family time, without having to re-mortgage our home?    Here are[…]

Life Insurance Question

The Most Important Life Insurance questions I wanted to discuss the biggest question surrounding Life Insurance today because 50% of adults are uninsured or underinsured leaving their families flirting with a financial crisis. The question is, “How much Life Insurance do you need?” I’m going to answer that question with a question; “How concerned are[…]

Teach Your Child About Money

Kids need to be taught Financial Literacy Start conversations about money earlyTeac­­­hing children how to manage money will help them throughout their lives. Start teaching children about money when they’re young. If you start early, you can build on their knowledge as they grow. This way, children will learn how to: make goo­­­d decisions about[…]

An RRSP Can Help Now

RRSP Benefits Now An RRSP Contribution can generate an income after filing your taxes. The contribution can be deducted from your income. In Ontario if someone makes 50,000/year in 2018They will pay $8,733 in income tax.From that they will have a take home income of $41,267 Let’s say a contribution of $5,000 is made[…]

Segregated Funds Segregated Funds – A Closer Look As investors become more concerned about managing risk in their portfolios and protecting their principal, Segregated Funds, with their guarantees and unique estate planning features are more in demand. Segregated Funds can give you the growth potential of Investment Funds with the security of insurance guarantees.  There are[…]

Joint Accounts

Joining Accounts and Houses Could be a costly mistake for your family:   Parents typically want to leave as much as they can to their children with little headaches.  You need to be careful, there are tax and inheritance traps that can cause problems. The most common mistakes, result in inheritance conflicts, the payment of[…]

Benefits of Volunteering

4 Benefits to Volunteering in Your Community   1.  Volunteering your expertise Volunteering your area of expertise will not only help others in your community that are in need, but it can also come back to help you later.  People involved in the organization or project will notice your skills and won’t think twice about recommending[…]