…taxes estate planning It depends on the type of advisor you’re working with. Some offer a range of financial products and services, while others are experts in 1 or 2…
Here’s what we found on "Real Estate"
What to do if your child receives an inheritance
…do not pay a “death tax” or “inheritance tax” on funds they receive from an inheritance. But, there are still taxes. Certain investments of the estate are essentially considered ‘cashed…
How to open a RRIF for retirement income
…in your estate for calculating probate fees. Pension income amount If you’re over age 65 and don’t have a company pension plan, withdrawals from your RRIF may qualify for the…
Wills and estate planning
Preparing a will and estate plan ensure your final wishes are taken care of….
How overconfidence bias may affect your financial decisions
…in many aspects of your life. Whether it be at home, at work, or on the roads, the reality is we often think we are better than we really are….
Anchoring effect: How meaningless information can affect your financial decisions
…sell something, take a moment to critically assess the anchor. Ask yourself what the item is really worth, whether you really need it, and if you would pay the discounted…
How to manage financial stress and avoid burnout
…to confirm your progress on your long-term investment goals This reality check can help you focus your next steps on what really needs to change, if anything at all. You…
Reverse mortgages
…You may have to pay fees or financial penalties if you choose to repay the loan early. Reduced inheritance. If your estate must repay the loan, there could be less…
What to consider before borrowing against your home
…while borrowing – You have ownership in an asset that may go up in value and add to your estate. If you’re using your HELOC to renovate or improve your home, this will in…
Catching UP with IIROC’s Andrew J Kriegler
…not on matters that are either minor or administrative or where the facts aren’t really in dispute. If a firm realizes that there’s a problem and they want to deal…