Whether you’re a single mom by choice or by circumstance, you have a lot on your plate. It isn’t easy to manage childrearing and a career – especially if you don’t have a partner (or an involved partner) in your life. Unfortunately, nearly one-third of Canadian...
When it comes to financial planning, women value financial security above everything. Perhaps that’s why they carry less debt than men[1]; they are more cautious and risk-averse. They tend to focus more on the long term – and they can get better returns that way...
When it comes to finances, more than half of Canadian women are paying the bills and taking care of general household budgets. Yet fewer than half of them are participating in investment decisions or creating long-term savings goals.[1] There are a number of reasons for this,...
For most people, creating a will is nothing more than a task on a to-do list. You want to finish it up, check it off your list and forget about it. The problem is, circumstances change. You may have gotten married, been divorced, had children, started...
According to a recent survey by Lawyers’ Professional Indemnity Co., the majority of Canadian adults don’t have a will. No doubt there are a number of reasons for that, but an estate plan isn’t just for the elderly or the wealthy. Most people put together an...
When people think of estate planning, they usually think about a will. A basic will names your beneficiaries and the assets they will receive. It can be a very simple document that is completed in a short period of time. But while that basic will may...
What have you always wanted to do? Some people have a lifelong dream to visit a faraway place, such as New Zealand, Ireland or even Whitehorse. Others dream of owning a cottage in a rural area. For others, starting a new business is their main...
When it comes to planning your estate, some decisions are easier than others. Some of the hardest decisions involve choosing the right people to take your place when you’re gone, including your executor and the guardian of your children. The two roles are very different, but...
More than half of Canadians don’t have a will. Ultimately, this lack of foresight is a truly selfish decision. It leaves your family members in a terrible position where they have to guess what you would have wanted. Let’s say you didn’t do any estate planning....
For many people, the phrase “trust fund” conjures up images of wealthy, irresponsible young people, wasting their time and money in ways that are completely unfathomable to hardworking, dependable businesspeople. Although you may not want your children to become wealthy overnight – not to mention careless...