A properly drafted will must be crystal clear as to the objectives of the testator. The courts are busy interpreting provisions of wills when the beneficiaries cannot agree on their legal meaning. The process of hiring lawyers to opine on the legal meaning of a provision, or hiring lawyers to object to the interpretation of […]
There was a time when a conversation about budgeting was completely unheard of, at least in “polite” public company. Canadians kept their money issues to themselves, and initiating conversations on this topic was generally considered invasive. Today, the topic of budgeting is everywhere around us, from lower school to post-graduate studies, and from home magazines to daily newspapers. Budgeting is critical at […]
I took a really good break about a few weeks ago and spent some time on the beach in Jamaica. The financial business is a stressful one as there are 101 things to do every day with a people counting on you to get it all right. The downtime was great and one of the […]
For every decision in life, there is often a set of pros and cons that motivate us to carefully consider all aspects of the choice at hand. In reaching the final decision, it is not unusual to feel that you had to make a trade-off, whereby you gained a significant benefit while simultaneously foregoing something […]
If you’re one of our client’s, I’ve got a great little Christmas gift for you. You probably don’t know it, but this year pick pockets are becoming virtual. That’s right, armed with a mobile RFID reader readily available on eBay, they are literally pickpocketing your credit card and bank card numbers just by brushing past […]
Even simple things can have nasty endings. A recent case had four brothers, equal shareholders of an operating company, appearing before the Tax Court of Canada. The brothers had arranged for life insurance to be purchased by the corporation in order to fulfill the funding obligation of their buy-sell arrangement. As the owner of the […]
Face recognition is one technology that is going to have major privacy ramifications in the future. It is wise for everyone to have an understanding as to where this is heading so that they can protect themselves today through proper Privacy Settings on services they use on the Internet. This will play out with the […]
We’ve had lots of comments on our various different blog pieces but one of the ones we get comments on the most is How Local Health Care Will Go Global within Five Years. Various different clients have commented to me both in person and online how they’d like to know more about how this will […]
Saving in advance of a need makes financial sense. For example, starting a sinking fund or savings plan early can help parents fund the cost of higher learning for their children. Without an established pool of funds, many families would have a hard time finding the cash flows needed to finance education expenses. With an […]
Those are the closing words in a fascinating new movie sponsored by Ericsson. If you want a really good understanding of where things are going and how fast we’re getting there, I’d highly recommend you invest 20 minutes of your time. In the old days (which many of us still live in) people used to […]