Relationships & Family

Are there tax breaks for married or common-law couples? Tax Savings for Couples As a married or common-law couple, there may be some ways you can reduce the taxes that you pay. This infographic...

What are the key features of an RDSP? There are various ways to invest in your long-term savings, and for Canadians with disabilities and their families, there is the option of a Registered...

What is a family trust? Family trusts are a valuable estate planning and wealth management tool. Families and individuals often utilize these trusts to ensure that wealth is passed to...

What are living benefits? Types of living benefits While it's common to hear about life insurance being used to protect your loved ones in the event you pass away,...

What is an RDSP? The Registered Disability Savings Plan (RDSP) Living with a disability can sometimes be an obstacle to someone's financial security. An RDSP (Registered Disability Savings Plan)...

Do I need a marriage contract? Common misconceptions about marriage contracts Marriage contracts can be very beneficial to both parties but often have a negative connotation. In most cases, this document...

How can I share financial responsibility with my partner? Examples of how couples can share financial responsibilities Every couple is different so there is no surprise that one couple may handle their financial responsibilities...

What should I do to prepare financially for marriage? Wealth planning opportunities for married couples Getting married is an exciting milestone but also an important time to make sure you are covered when it...

What is a postnuptial agreement? Postnuptial agreements A couple who is already married can enter into a contract that addresses divorce-related matters. This is generally called a postnuptial agreement or...

How do I talk to my kids about money? Teaching kids about money sets a foundation for financial success. The earlier, the better, but it is really never too late to start having these...

How do I protect my children financially? Ways to protect your kids financially Parenting is filled with a lot of planning and finding ways to protect your children along the way. One...

I'm about to have a baby, what should I expect financially? As you prepare for the arrival of your baby, it's important not to overlook your financial planning. Proactive planning will help you make decisions today...

Which funding strategy should I use for my child's RESP? Many affluent Canadians take advantage of RESPs (Registered Education Savings Plans) to fund their children's future education expenses. These accounts have tax advantages and can...

What should I consider when choosing guardians? Considerations when choosing guardians When completing your will, one of the hardest decisions can be choosing guardians for your children. This infographic covers the things...

What is an in-trust for account? In-trust for accounts When it comes to saving and investing for your children's future, one strategy that many find helpful is opening an in-trust for...

How do I prepare financially for having a baby? New parents wealth planning checklist Becoming a parent comes with a lot of changes and with that comes many wealth planning considerations. Here is a...

Are there tax breaks for parents in Canada? Tax breaks for parents As a parent, you will be able to claim various tax credits and deductions on your tax return. This infographic summarizes...

How can I help my children become homeowners? With rising housing markets, it can be very difficult to purchase a home without some financial help. In a lot of scenarios, parents are stepping...

What is an RESP? A Registered Education Savings Plan (RESP) allows you to save tax-free towards post-secondary education. There are three different types of RESPs that you can open....

How do I adjust my financial plan during a divorce? Going through a divorce can be complicated. One important aspect to consider is your financial planning. Here is a video that outlines some factors that...

How will my divorce affect my taxes? Frequently asked questions about divorce and taxes When a couple decides to separate and file for a divorce, it can be overwhelming for both parties....

Should I look at my insurance after a divorce? Reviewing your insurance after divorce When spouses separate, it's important to look at the entire financial picture including insurance policies. It is important to ensure...

What is a Certified Divorce Financial Analyst (CDFA)? Certified Divorce Financial Analyst (CDFA) Divorce is a process that brings up a lot of questions and uncertainties. A lot of people turn to professionals...

How can I start a conversation with my aging parents about finances? As your parents age, it’s important to have conversations with them about money. It can be a difficult conversation to start as most families don’t...

What can I do to help my aging parents manage their money? Helping elderly parents manage their money As your parents age, there may come a time when you will have to help them manage their finances....

How can I help my aging parents prevent financial fraud? Preventing financial fraud Educating your parents on preventing online fraud can be difficult but it is an important conversation to have as seniors are a...

What does an executor do? When completing your will, you will need to name an executor. They will be responsible for making decisions on your behalf after you pass away....

Should I open a joint bank account with my elderly parents? Considering a joint bank account with your elderly parents? Opening up a joint bank account with your parents may seem like a simple solution to...

What care options should I consider for my elderly parents? Living options for elderly parents As your parents age, there is usually a concern about where they can live depending on how much care they...

Do I need a will? Will planning myths & facts There are a lot of myths around will planning that stop people from getting their wills done. This infographic debunks...

What do I need to consider when writing my will? There are a lot of factors to be taken into consideration when creating a will and it involves some serious decision-making. It’s important to understand...

Who should I choose as executor for my will? When completing your will, you will need to name an executor. They will be responsible for making decisions on your behalf after you pass away....

What do I need to think about before meeting with a lawyer to have my will done? Key aspects of your will Before seeing a lawyer to have your will done, you should take the time to think about the key decisions...

When should I update my will? Keeping your will up to date is an important component of good wealth management. However, it can be difficult to figure out when best to...