How to go about securing the best return for your investment in Canada.
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“Everything companies”: How Amazon’s playbook is reshaping competition in Canada + MORE Oct 28th
Canadian companies are nowhere near the size and scale of Amazon, but some of our most beloved brands now see themselves less as industry leaders and more as collections of varied financial assets. Consumers think of companies as offering goods and services, but this is not necessarily how companies.... More »
Canada Disability Benefit news, updates and how to apply + MORE Jun 20th
The Canada Disability Benefit is here, and it’s about time. Nearly five years have passed since the benefit was first announced by the Liberal government in September 2020, as part of a broader disability inclusion plan. After many delays and much deliberation, the benefit received royal assent—.... More »
Tesla Q2 Delivery Expectations Coming Down. The Key Number Might Be Energy Storage. - Investor's Business Daily Jul 1st
Tesla Q2 Delivery Expectations Coming Down. The Key Number Might Be Energy Storage. Investor's Business DailyTesla is running out of excuses for its prolonged sales slump Yahoo FinanceAnalyst puts Tesla stock on key ideas list as Q2 deliveries loom TheStreetTesla add.... More »
Know your TFSA contribution limit + MORE Nov 2nd
For Canadian investors and savers, it’s always some of the best news to come each year: new TFSA room that becomes available each January 1. For 2024, the TFSA contribution limit is $7,000, and for 2023, it is $6,500.
The actual TFSA yearly limit was set at $5,000 back in 2009 when the investm.... More »
Surviving the present, investing in the future: Gen Z’s financial balancing act Sep 13th
For Canada’s Gen Z, money is a mix of anxiety and opportunity. They’re the nation’s youngest workers, navigating rising living costs, heavy debt loads, and uncertain job markets. Many hustle to make ends meet—taking on gig work, cutting back on spending, and finding creative ways to save—w.... More »
Estate planning and trusts for a beneficiary with a disability
– moneysense.ca
I am wondering who I would reach out to for estate planning advice. I have a family member on permanent disability (independent living) and wish to arrange a trust upon my death that would not interfere with his monthly support ceiling of one thousand dollars a month (the current income is approximately one thousand four hundred).
Would this be a financial advisor question or an estate planner question?
—Libbie
Lawyer, financial planner, estate planner? Who’s best for estate planning, income tax, investments and more?
One of the biggest challenges with getting advice on money is there are often many different facets to consider. In this case, Libbie, there are estate planning, income tax and investment considerations, amongst others.
You would normally speak to a lawyer about estate planning, an accountant about income tax, and an investment advisor about investing. A professional financial planner may be able to help develop an estate plan that includes establishing a trust or preparing a will with a lawyer and offer advice in all of these areas…
