3
May

What’s Better For Seniors?

In this latest video from Jessie, he answers the question “What’s better for Seniors? Registered Retirement Savings Plan (RRSP) or Tax-Free Savings Account (TFSA)?” He discusses different factors that you can look into and study to find your answer. Factor #1 “What is your current tax bracket?” This is easy to figure it out by looking in your tax return.

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25
Apr

Will I Have Enough?

“Will I have enough for retirement?”  Jessie hears this question so many times and most people don’t know the answer to it. In this video,  Jessie will talk about the top 6 questions that anyone might have related to retirement. Watch the video and find out how you can get the answers to your questions. The Top 6 questions that

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4
Apr

What Are My Insurance Options?

You have three, divided into two categories: term and permanent. Term is for temporary needs. It is like renting your insurance. You pay as long as you have your policy, and there is no cash value – it is simply a pure cost of insurance. It’s great for protecting high debts or family income needs with the lowest initial cost,

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28
Mar

Think You Will Be Able To Sell Your Business? Think Again

Many times, business owners have an unrealistic expectation of what their business is worth. They plan on it becoming a retirement asset. Sometimes this works but many times it does not. I know a number of business owners who do not have a retirement plan in place. It can be a big mistake to rely on the sale of your

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23
Mar

Is A living Will The Same As A POA?

No. In a POA you nominate someone specifically but you do not need to name anyone in your living will. Both take effect in the case of incapacity. You can write your living will as part of your POA; it only outlines your health treatment, and personal care wishes in near-death matters. If you have written a living will (an

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14
Mar

Why Is Your Power Of Attorney (POA) More Important Than Your Will?

Ask Yourself, Who Do You Want Involved In Your Legacy? If you want to receive a well thought out will-planning questionnaire, containing vital questions intended to help you with the first step to creating a will, go to www.TheFinancialToolboxBook.com. This tool will equip you with the questions you need to consider before you meet with a lawyer. Why Is Your

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6
Mar

Your Will: Will It Be A Success Or A Mess?

You need to create your estate plan first then set up your will. Many people think that the will is the estate plan. In fact the will is simply a paper document and in no way addresses the same scope as a properly thought out estate plan.   Four reasons to have an up-to-date will: Control beyond the grave. It

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28
Feb

Charity: Give Now Or Later? Which Is Better And How?

If you plan your giving properly, not only can it be very rewarding, but it can result in you being able to gift more than you thought you were able to afford. An improper plan can result in an unnecessary reduction of the amount you intend on gifting. Working with an experienced financial planner will provide you with proper advice

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21
Feb

Plan A Family Meeting

There is nothing more effective than telling your beneficiaries face to face what you want to have happen with your estate. This will reduce the feeling of unfairness among your kids if you have spoken to them and given them the ability to be part of the conversation. A family meeting can be stressful to put together but your aim

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16
Feb

Estate Planning/Transferring Wealth Inter-Generationally: What Will Your Legacy Be? You can’t take it with you – How to move money to who you want

The hammer delivers impact like your will and power of attorney. It is a forceful, representation of hammering out what you want to happen in the event of death or disability. With a nail you can pinpoint where you want your funds to go. With this tool you make your wishes binding, like hammering together two pieces of wood. Let

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