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Any Canadian who is not a U.S. citizen and who owns property valued at more than US$60,000 at death must file a U.S. estate tax return.
Things are about to change for some snowbirds. U.S. and Canadian authorities are making changes.
Your home is the biggest investment you’ll ever make and mortgage insurance may not be your best alternative.
I continue to get many questions on how to unlock locked-in accounts.
When folks are asked “What is wealth management?” the most common answer given is that “It has something to do with investing.”
If you are still working you can use these withdrawals to fund your RSP contributions
Have you ever seen an old friend recently and been shocked to see how much they had changed over the years?
While an RRSP contribution probably makes sense for most people, there are some situations where other alternatives make more sense.
So what is long-term care insurance? Long-term care is a living benefit. So what is a living benefit?
Spouses are allowed to split qualified retirement income with their spouse or common-law partner.
An annuity: In exchange for a single lump sum deposit, an insurance company makes guaranteed regular income payment ...
Bad things can happen to those who are self-employed, just like any other job
Doing the calculations can bring up some surprising answers
Think very carefully about what you plan to do and when you plan to do it
There are a lot of misconceptions about the role of the investment manager
You might get some deals on merchandise, but don't get sick while you're down there
Dividend income can be the least “income-friendly” to retirees
Before you hang up your work hat for the last time, there are a few things you should know
Before that time comes though, there are some significant decisions you'll need to make
For those over the age of 65, this can be a very real concern