It’s every parent’s dream to be able to pass along their legacy and leave something substantial and meaningful behind for their family. However, if you don’t tread carefully when creating your inheritance plan, you could end up inadvertently causing resentment between siblings and altering the family dynamic. To ensure everyone is happy and that you’re […]
Being able to finally take that trip of a lifetime that you’ve planned and worked so hard for can be one of life’s most rewarding experiences. With such high expectations riding on this type of trip you, of course, want to make sure it’s everything you hoped it would be. That’s why it’s wise to […]
Being your own boss has its perks, but it also comes with additional responsibilities. Taxes, being one of them, can be particularly complicated and confusing when you’re self-employed. It’s wise to talk to a professional who can help you plan, organize, and submit your forms to avoid penalties from the CRA. If you’re in need […]
Every company owner’s dream is that the family business will stay alive well after they’ve retired and gone; but it’s easier said than done to keep the business going, especially if you don’t have a proper plan in place. Regardless of your age, the only way to ensure that your business survives your exit is […]
Do you know what stage of the entrepreneurial life cycle you and your business are currently in? Most entrepreneurs have no idea, but it’s an essential business detail to consider. If you know what stage you’re at, you can use the information to determine when to push for more growth, when to keep your finances […]
Your habits are what define your life. Whether it’s hitting the gym each morning or binge-watching Netflix each night, every reoccurring decision you make equates to how you choose to spend your time and energy. Without taking time to decide consciously what direction you want to go in, life can quickly end up slipping by […]
Not every couple is lucky enough to retire at the same time. In most relationships, partners will retire in different years, creating a sudden shift in home dynamics. It’s even likely that your spouse may decide to return to work for financial reasons or to maintain health benefits (which can be a test for any […]
Are you tired of paying through the roof in taxes? Let us show you some simple investment strategies which can lower your taxes and put more of your money back in your pocket. Defer Your Taxes One way to lower your taxes is to defer them into future years. The reason to do this is […]
As you enter your “golden” years, the reality is that it can often be too late to protect your family from unforeseen events as you continue to age. That’s why you need to start planning now for your financial future. If the idea of long-term care is making you lose sleep, it’s time to settle […]
Change is inevitable. Even when you try to avoid it, there will always be unforeseen challenges and less than perfect conditions thrown your way. However, you shouldn’t fear these situations; significant life changes can be beneficial for you in many ways. The life lessons you learn during these difficult times can help you to be […]
*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.