Q: My dad is in his 70s and has mentioned moving in with his new girlfriend. Should we be concerned about protecting his assets if the relationship gains common-law status?
Stepfamilies are common, but planning for who gets what after you die is anything but routine. When families come together, each with their own possessions, ensuring your assets go where you want is key.
For couples who meet later in life, retirement planning may seem a little daunting. But it doesn’t have to be. If you get started now, and ask the right questions along the way, it can even be exciting. Here are a few questions that should be top of mind.
As if a liquidity crisis and the prospect of a recession weren’t reasons enough to raise concern over the banking sector, another threat has reared its head: commercial real estate (CRE).
Whether through luck or longevity, many Canadians nearing retirement are living in homes that may be worth double what they paid for them 10 or 20 years ago. Even with recent dips in the market, these paper millionaires may be asking themselves: Should I stay or should I go?
Many people know at least a little about RRSPs. But what about RRIFs? If you’re in or nearing retirement, are you ready to begin the big conversion? Here’s a quick guide to the world of RRIFs.
Got the travel bug again, but unsure where to start? Consider one of these epic adventures — any of which can be tailored to your budget and style.
There are lots of well-worn thoughts on retirement. Unfortunately, many of these ideas should have been retired a long time ago. Here are some up-to-date ideas on how you should approach retirement.
Too many Canadians are dying without a Will, leaving children, heirs and assets in limbo. Here’s why you should consider writing your own will today.