Categories: Will & Estate Planning
How to Make the Most of Your Inheritance
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
The Joy of Giving Back
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
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
Second Time Around? 5 Things You Need to Know about Marriage and Money
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
How to Manage Your Inheritance
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
Choosing the right executor for your estate
By Noel D’Souza, P.Eng, 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 … Continue reading
Posted in For your information, Will & Estate Planning
Estate planning – what happens if I die without a will?
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?
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
