Wealth Management: Keeping your Family Cottage

Wealth Management: Keeping your Family Cottage

This article specifically discusses wealth management from the perspective of cottage owners, especially those who want to keep a cottage in the family. When you pass away assets transferred to your children can result in a capital gains tax, which has to be paid...
Will Planning and Canadian Life Insurance

Will Planning and Canadian Life Insurance

Buying life insurance is the first step in preparing for the future. However, it is very important to ensure that your life insurance policy is distributed in the manner in which you intend. This can only be accomplished by a legal will. Proper will planning can not...
Wealth Management: Keeping your Family Cottage

Canadian Household Debt and Life Insurance

The amount of average Canadian household debt has been in the news many times the past couple of months. While interest rates seem to be steady for the time being, logic dictates that they will have to increase. This will eventually be reflected in higher mortgage...
Wealth Management: Keeping your Family Cottage

Finance And Elderly Parents

As parents get older, circumstances can sometimes be reversed, and the children assume the care of their parent(s). Loss of a spouse, health concerns and/or advanced age are factors that can affect your parent(s) independence. This role reversal can be a difficult...

Sir John A Macdonald: First Manulife President

Sir John. A. Macdonald is well known to Canadians as our first Prime Minister, but did you know he was also the first president of the Manufacturers Life Insurance Company (Manulife)? Macdonald was born in Scotland and moved to Kingston, Upper Canada during his...