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Changes in property ownership can have unexpected and wide-ranging consequences in family law
Whenever a change of ownership is considered, all parties to the transaction should make their intentions and goals clear.Chris Ratcliffe/Bloomberg
Trudeau is right: 40% of Canadians don’t pay income taxes, which means someone else...
Prime Minister Justin Trudeau said this week “low-income families don’t benefit from tax breaks because they don’t pay taxes."Cole Burston/The Canadian Press
Young B.C. couple who are landlords while renting themselves risk wrecking their retirement
Situation: Couple pays more in rent than they collect as landlords, an unusual state of affairsSolution: Move into...
These are the eight sources of retirement income you need to know about
In Ted Rechtshaffen’s work with retirees, he sees up to eight different sources of funds that they can pull from to meet their monthly...
Wealthy on paper, couple with $2.9 million in assets needs to sell a property...
Situation: Couple has two houses, modest financial assets and no company pensionsSolution: Sell city house, pay debts, buy...
Three tips to help retirees minimize their taxes and maximize their cash flow
A recent survey showed that 89 per cent of respondents don’t fully know how their retirement income is taxed./iStockphoto
Former Dragons’ Den star’s divorce case highlights trouble with ‘expert testimony’ in family law
Robert Herjavec, an entrepreneur and Canadian reality television personality best known for his appearances on Dragon’s Den and Shark Tank.Files
How early RRSP withdrawals can help some retirees come out ahead
In the right circumstances, accelerating RRSP withdrawals can make you better off in the long run.File Photo
Registered Retirement...
With six-figure income and growing savings, this couple still worries their future is bleak
Situation: Despite six-figure income and growing savings, couple worries their future is bleakSolution: Set up RESP for son,...
Your personal business better be real if you are using it to claim expenses...
If there is a significant personal element associated with your so-called “business,” any losses you incur from that business may be denied by the...
