Financial Planning
Even a seemingly insignificant oversight can change the meaning of your Will entirely and lead to unintended consequences.
Many people shy away from investing because they believe it is akin to gambling and the risks are too high. There is a common misconception that, because investment markets are volatile by nature, investing in equities represents a higher risk
f a business owner dies or becomes permanently disabled, he would naturally want to ensure that the remaining shareholders have enough capital to buy his shares from his deceased estate. Depending on the value of the business, the surviving shareholders
If you’ve gone into debt to pay for your wedding, make eliminating this debt your single biggest priority. Once you’ve got your debt out the way you can begin savings towards your joint goals.
Think disability and our minds tend to think of the worst possible scenarios involving permanent injury and disfigurement. Rather than permanent disability, it is temporary disability or illness that we should in fact be more concerned with.
If employed appropriately in one’s portfolio, maximum benefit from Tax-Free Savings Accounts can be achieved over the longer-term.
It is wishful thinking to not plan accordingly for the high costs of post-retirement healthcare because ill-health comes hand-in-hand with aging.
Failure to understand the impact of your marital property regime on death can result in financial problems such as the forced sale of assets, inability to pay taxes and debt, and the estate not being able to provide sufficiently for
Spending money before you actually receive it can place you in a financially precarious position. Whether you’ve sold your house, been promised a bonus or cashed in a policy, wait until the money is safely in your bank account before
It is important to make plans for the possibility that you may suddenly become mentally incapacitated. A general power of attorney is not valid in instances where the principal has no mental capacity and would therefore be of no use.
