Categories: Will & Estate Planning

Choosing the right executor for your estate

Posted on: June 17, 2025

By Noel D’Souza, CFP® Appointing an executor for your estate shouldn’t be stressful, but it does require thoughtful consideration. To begin you should understand what the executor will be called upon to do. As you would expect, your executor’s job … Continue reading →

Posted in For your information, Will & Estate Planning


How to Make the Most of Your Inheritance

Posted on: October 17, 2023

By Janet Gray, B.A., B.Admin, CFP®, EPC, CPCA Waiting for an inheritance is not a solid financial plan, but the fact is in the most recent available Survey of Financial Security (2019) Statistics Canada reported that the total net worth of … Continue reading →

Posted in Ask Your Money Coach, For your information, Money Coaching, Will & Estate Planning


The 5 Estate Planning Mistakes You Don’t Want to Make

Posted on: September 21, 2022

By Karin Mizgala, CFP® Co-founder and CEO Money Coaches Canada A few months ago, my brother-in-law passed away. He had a heart condition but was only in his early 70’s so we were all unprepared to lose him so soon. … Continue reading →

Posted in Financial Planning, Will & Estate Planning


The Joy of Giving Back

Posted on: September 23, 2020

By Karin Mizgala, co-founder and CEO Money Coaches Canada I think it’s safe to say that 2020 is a year none of us will forget. And even though we are optimistically making our way forward, the uncomfortable truth has settled … Continue reading →

Posted in Money Coaching, Will & Estate Planning


Should You Help Your Kids Buy a Home? 3 Questions You Need to Ask Yourself Before You Ante Up

Posted on: February 19, 2020

By Karin Mizgala, co-founder and CEO Money Coaches Canada     Buying a home, especially for first time buyers, has  become increasingly challenging over the last decades. In 1985, according to the Toronto Estate Board, the average home in the city … Continue reading →

Posted in Kids and Money, Money Coaching, Retirement savings, Will & Estate Planning


Second Time Around? 5 Things You Need to Know about Marriage and Money

Posted on: July 17, 2019

By Karin Mizgala, Co-Founder and CEO Money Coaches Canada Almost thirty-five per cent of married Canadians are married for the second or even third time. And while it would be nice to believe that the experience of divorce improves chances … Continue reading →

Posted in Budgeting and Cash Flow, Money Coaching, Relationship to money, Retirement savings, Will & Estate Planning


How to Manage Your Inheritance

Posted on: June 4, 2019

By Karin Mizgala, Co-Founder and CEO Money Coaches Canada Canada is on the verge of a colossal transfer of wealth from one generation to the next. Baby Boomers are expected to inherit roughly $750 billion by 2026; the largest shift of … Continue reading →

Posted in Ask Your Money Coach, Will & Estate Planning


Estate planning – what happens if I die without a will?

Posted on: October 28, 2013

Estate planning may sound grand, but it just means that you have made plans for what you want to happen when you die, if you are incapacitated, or near death. Essentially, it’s a gift you can prepare while you’re alive … Continue reading →

Posted in Relationship to money, Will & Estate Planning


Who will speak for you when you can no longer speak for yourself?

Posted on: October 15, 2013

The Executor An executor is the person you appoint to carry out the instructions of your Will. The biggest mistake people make regarding their Will (besides not having one at all!), is not choosing the right person to be their … Continue reading →

Posted in Relationship to money, Will & Estate Planning