Estate Planning
Save Money After You Die? Trust Me
A testamentary trust is established by the will and only comes into effect upon death. It lets you give assets and property to your kids upon your death without allowing them to spend it right away. Do you want a tax planned will with teeth? Some lawyers say that every will should have a testamentary trust. Five benefits of testamentary
Trusts and Probates Pt.2
A family trust comprises a number of options (not just spousal and common law partner trusts) and essentially is set up to take care of your family members. Often they are used for business owners to perform estate freezes. Most family trusts are discretionary trusts; this means that the trustee has discretion on the income or capital that is given
Trusts and Probates
Trusts are like a drill. The drill is used to bore holes in various materials, producing specific sized and targeted holes. Think of drilling holes in a bucket. A trust allows your money to flow from your bucket to specific people (your beneficiaries). As with using trusts, the drill has many different drill bits for different applications, no ‘one size
Why Do I Need This? One More Thing On The Must Have List
Your buyer wants this One thing that business owners often fail to consider is the end game. You must consider an exit strategy for yourself. Some people rely on the idea of having their business bought out by a larger company or competitor in the future. But ask yourself this: why would someone cut a cheque for your business if
Why Are These Not Being Funded? And What Is The Risk?
Three reasons why shareholders’ agreements are not funded: Nobody told me. Too bad, but ignorance is not illegal. Tomorrow, tomorrow. It’s hard to come up with the time. You are running a successful business. It is easier to spend the time to develop a new client. The problem is once you get your wings, it is me that has to
Shareholders’ Agreements
A saw is like a shareholders’ agreement. Its value is when the business relationship changes and has to be severed. You want a clean cut, all the way through, not a partial cut which splinters the remaining wood. There are two questions I like to ask business owners: What would happen if your business partner died tomorrow? What would happen
Cost vs. Value; Advice Is An Investment
Never go cheap with professional advice. You wouldn’t Google the cheapest brain surgeon if you needed surgery, you would look for the best. That said, any advisor should be able to clearly show you the way, or ways, they get paid. Not only should you be satisfied with the explanation, but for you to choose to work with them, you
Help To Manage Emotions
The biggest barrier we all face in finding financial security and success is ourselves, or more importantly, our behaviour related to our emotions. It is not the performance of your investments that will determine where you end up financially, it is your behavior as an investor. A good financial planner will keep their clients from destroying their capital. The difficult
Stop costing yourself 27 percent – Don’t rush to pay down your mortgage
Do you have questions regarding mortgages? Are you wondering if it is okay to not rush when it comes to paying your mortgage? In this video, Jessie suggests that you take your time in paying your mortgage. He will explain why it is more advantageous for you to not be too hasty in paying your mortgage. Watch the full video
The secret to how the rich get wealthy – Good bad and fantastic debt. What you need to know!
Ever wonder how the rich become wealthy. In this video, Jessie will share with you the secret of becoming wealthy. In addition, he will also enlighten you that not all debts are bad. There are debts that you need to avoid but there are also good debts. Understanding the concept of debts is one step to becoming wealthy. Watch the
JESSIE CHRISTO, BA, CFP, CPCA
Author | Speaker | Financial Consultant
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