Should you provide financial help to your adult children now or leave them an inheritance later? It’s up to you but giving away some of your wealth while you are still around to see the effects of your generosity can have significant advantages.
It’s easy to imagine using an insurance policy for a water leak damaging office equipment or if you back your car into a post and crush your bumper, but a disability insurance claim is an unpleasant and abstract event.
A last-minute getaway after a long, cold winter may be in the plans for some, but don’t forget about travel insurance in your haste to escape, says Dawn Marchand, vice-president of marketing, product and direct distribution at Toronto-based Lawyers Financial.
Even in retirement, financial 'rainy days' can put pressure on a 'fixed income'. A successful retirement financial plan will include maintaining a fund for the unexpected.
The potential for an economic recession in 2019 has captured the attention of more than a few pundits and journalists. But the smart money is on continued growth, both here in Canada and the U.S.
The Private Health Services Plan (PHSP) has so many advantages for lawyers that one might think it was designed exclusively for the legal profession. It wasn’t.
February is a month for showing people how much you care about them. So make February the month for a family chat about money and your estate plan. Talking about money is never easy but it does show how much you care about them.
