Salary vs. Dividends – Which is Right for You?

Salary vs. Dividends – Which is Right for You?

Many business owners are unsure of whether to opt for salary-based earnings or payments in dividends. There are various advantages and disadvantages between the two, and it is important to research whether or not one of these options is suitable for your business. By comparing salaries and dividends, we can clarify the differences between the […]

Should You Register Your Business Name, And How Do You Do It?

Should You Register Your Business Name, And How Do You Do It?

In the province of Alberta, the act of registering one’s business name is required by law unless if it is a sole proprietorship using the owner’s legal name with no additions. Therefore, it is important that prospective business owners understand the process of selecting a form of ownership and company name, as well as how […]

Help Your Aging Parents Sell Their Home

Help Your Aging Parents Sell Their Home

As your parents age, they may decide to sell their current home and move into one that is better equipped for their needs.  As they get older, the stress and uncertainty of the selling process can be difficult for them to deal with; that’s where you can help save the day by stepping in to […]

Starting an RESP For Your Grandchildren

Starting an RESP For Your Grandchildren

As a grandparent, you want what’s best for your grandchild. With the increased costs of education these days, there is no better way to support your kin than to start a Registered Education Savings Plan (RESP). An RESP is simple to start and comes with government incentives that help to increase the value. It’s an […]

Discuss Your Inheritance Plans

Discuss Your Inheritance Plans

You may be surprised to hear that many Canadians have not created a solid inheritance plan, even though they are expecting to leave assets to their loved ones. Creating a strategy is an important first step, but so is the discussion with the beneficiaries and a financial advisor. Keeping your inheritance private can cause all […]

Helping Your Teen Navigate Student Loans

Helping Your Teen Navigate Student Loans

Choosing the appropriate student loan structure can be a complex and difficult decision. Yet not as difficult as fully understanding what the loan entails or the full responsibilities associated with paying the loan back. With the costs of your child’s secondary education being one of the biggest investments you’ll potentially make in a lifetime, it’s […]

A Closer Look at Tax-Free Savings Accounts

A Closer Look at Tax-Free Savings Accounts

TFSAs are an excellent investment vehicle to save and grow money. With a sizeable contribution allowance and the ability to hold a wide range of investments, these savings accounts can be an excellent way for Canadians to save for their future. Here we will take a closer look at Tax-Free Savings Accounts and how they […]

Understanding Trust Protectors

Understanding Trust Protectors

Trust protectors are gaining popularity to help guard over assets. While there are many reasons to have a trust protector, the most common motivation is to help deal with an untrustworthy trustee. Should that ever happen, then a protector is surely the way to go. To help you better understand what a trust protector is […]

Make a Difference with Giving Tuesday

Make a Difference with Giving Tuesday

Have you joined the “Giving Tuesday” national movement? This year Giving Tuesday falls on November 28th, 2017 – the Tuesday following Black Friday and Cyber Monday. And what better way to end off the year than by giving back to your community? Below is a quick guide on how to jump on board, make a […]

*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.