Don’t procrastinate writing a will, experts say + MORE Mar 3rd

VERO BEACH, Fla. (AP) _ Javelin Mortgage Investment Corp. (JMI) on Thursday reported fourth-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vero Beach, Florida-based company said it had profit of 44 cents. Earnings, adjusted for non-recurring gains, were 29 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.
The investor in mortgage-backed securities posted revenue of $5.9 million in the period.
For the year, the company reported that its loss narrowed to $290,000, or 2 cents per share. Revenue was reported as $25.4 million.
Javelin Mortgage shares have climbed 13 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.06, a fall of 21 per cent in the last 12 months.
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Q: I am currently separated and I would also like to apply for the CPP benefit split. How much more CPP would I get doing this? How do I find out?
—Leona
A: CPP pension splitting is available to spouses who are applying to receive the Canada Pension Plan as a means to equalize their retirement incomes. But even those with former spouses should be aware of how they can proactively ensure that they are getting the CPP benefits that they deserve.
Contributions that were made by you and your former spouse while you were living together may be eligible to split and may result in an increase in your pension if you contributed less than your spouse during those years, Leona. In much the same way assets may be split in the event of a marriage breakdown, future pension entitlement–whether a private pension or the CPP–are also relevant for purposes of a post-marriage equalization.
Ask a Planner: Leave your question for Jason Heath »
The relevant period of cohabitation for purposes of the pension split does not include:
– when one of you was younger than age 18;
– when one of you was older than age 69; or
– when one of you was already receiving the CPP retirement pension…

OTTAWA – It could be the most important document people write, and they won’t be alive to see it through.
Writing a will may be at the bottom of many to-do lists, but financial and legal experts say that laying out your wishes can ensure your money goes where you want and may save your estate from unnecessary bills after you’re gone.
Carol Harding, a wealth adviser with CIBC Wealth Advisory Services, says having a will is like having insurance.
“Hopefully nothing happens,” she said.
“But if something does happen, at least you’ve got the right paperwork in place to help the assets go to the right place.”
Estate planning: What you need to know »
When people die without a will, it is considered intestate and the courts will appoint an executor to administer an estate with the assets distributed according to the rules laid out provincially.
“What may happen is that there are assets allocated to children that might be needed for other purposes,” Harding said.
“If assets are transferred to a spouse — for example, RRSPs — they can transfer without being taxable, where if you have RRSPs and they are transferred either to a child or to a sibling, that becomes taxable income…

Growing investor confidence in gold, base metals and energy stocks helped push the Toronto Stock Exchange higher for a sixth straight day.

BOISE, Idaho – BOISE, Idaho–(BUSINESS WIRE)–Mar 3, 2016–TSheets, a leading cloud-based time tracking technology company, announced today the Crew App, an online time card for construction crews that allows supervisors to easily group employees into crews, efficiently move a crew to a different project or job code and clock an individual or an entire crew in or out. The Crew App eliminates the hassle of handling illegible or inaccurate manual employee time cards, tracking time and switching employees to different projects manually as well as keeping track of employees on break and those who left early.
“TSheets’ Crew App takes time tracking to the next level, delivering individual and construction crew time tracking capabilities to crew managers’ mobile phones, all in one place,” said Matt Rissell, co-founder and CEO of TSheets. “Crew supervisors now have the ability to track and manage employee time live and without the fear of financial losses due to inaccuracies and errors,” noted Rissell…