Do you own or operate a small business? If so, are you prepared in case you, a partner, or one of your key employees are unable to perform their duties? Most small businesses are not ready for the financial risk of suddenly losing an integral person in their business, like a manager or co-owner. Without […]
Protecting your wealth is arguably more important than growing it. Even if you make smart investment decisions, pay yourself first, and put some money away for your retirement, there are still a number of common investing mistakes that could drain your finances dry. Don’t waste your hard-earned money on poor financial decisions — be prepared […]
Charitable giving can do a lot more than help support a family, organization, or group in need — it can help improve the entire community structure for everyone. Here we’ll show you the reasons why charitable gifting is integral in a prosperous community and how you can take advantage of all the benefits of donating […]
Do you know how much you need to save for retirement? Most people don’t. Fortunately, there are a few questions you can ask yourself to determine what retirement savings goals you need to implement today to have a brighter future tomorrow. Don’t worry if you’re far from ready; we’ll also explain what you can do […]
When you create your will, one of the most important things you need to do is choose your executor. This is an important role that comes with the responsibility of taking care of the probate process, estate inventory, payments and notifications, final tax returns, and distributing your assets. You need to choose someone who is […]
It’s easy to get caught up in the rat race of life and find yourself stuck in a rut that doesn’t resemble what you had dreamed of doing or becoming. In order to live a happy and meaningful life, sometimes, it’s necessary to alter it’s direction significantly. The moments that make you stop and reflect […]
There’s one thing that you can’t avoid no matter how hard you try, and that’s taxes. Tax adherence is a responsibility of every Canadian citizen, no matter how much money you make or what type of work you do. While you can never escape taxes entirely, you can take advantage of methods made to minimize […]
With all the recent news stories and financial experts discussing the potential of an upcoming recession, it’s hard not to get a little uneasy about the future of your business. Amidst all the red signs, do you sit back and hope for the best or do you start preparing in advance? The answer is simple […]
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 […]
*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.