October 2020

An RESP is an investment vehicle that allows parents to save for their children’s future education beyond high school. The plan is essentially a contract between two parties – the subscriber and the promoter. The subscriber contributes to the plan and the promoter makes payments to the named beneficiaries in the form of educational assistance

Inefficient estate planning can cause family feuds leading to costly and time consuming litigation. Various strategies may help to reduce the likelihood of an estate battle after you die. What is Fair? Disputes often result when parents try to be fair in transferring assets to their children. Equally splitting the family business 50/50 among one’s

In today’s society, many options exist for families making plans for deceased loved ones. These plans take many factors into account: budget, religious affiliations, environmental concerns, and all with an eye to reflecting the wishes of the deceased. Traditional Options Most people are familiar with traditional funeral services, although even these options can be customized

The role of the executor is complex and can include the following responsibilities for example: Valuing and disposing of real estate and business assets Settling accounts and ensuring creditor obligations are met Settling tax obligations and filings Managing property and personal assets Handling investments Locating and identifying beneficiaries Providing detailed financial accounting to the beneficiaries