It can be hard to change jobs, especially if it involves shifting to an entirely different industry.
There’s one thing you can tell clients who foresee retiring before paying off the mortgages on their principal residences: They’re not alone.
The T4 and T4A aren’t perfect. While taxpayers rely on these slips, and expect them to contain a straightforward listing of salary, benefits and related withholdings, sometimes employers make mistakes.
When clients start cruising toward retirement, advisors need to help them preserve capital by keeping an eye on both the asset mix and where those assets are housed, says Kostas Andrikopoulos, president of KNA Strategic Wealth Consulting in Toronto. We gave him the scenario of a couple with between $500,000 and $1 million invested (75% […]
Philip Porado on the five questions your clients should ask a prospective executor
Philip Porado is a Toronto-based business journalist.
When my dad died, I was lucky. I’m not saying I didn’t like the guy (I did), or that his passing significantly lined my pockets (it didn’t). I was lucky for one very specific reason: his lawyer, who’d drafted his and my mom’s will after they moved to Princeton, N.J. in 1968, was still alive. […]
A lesson that has stood the test of time.
The quarter-point uptick is the first hike since the start of the financial crisis.
Prime Minister-designate Justin Trudeau inherits an economy in mild recession. What must he do?