How can you help an adult child in need now and ensure any other children are treated equally?
As you make decisions regarding your estate and succession planning, you want to ensure that your final wishes will be upheld and withstand judicial scrutiny.
I had a pastor many years ago who often said, “If it weren't for people…”.
Do you ever find that you can rationalize putting off important responsibilities because they may be painful or cause discomfort?
A life annuity is a financial vehicle that allows you to exchange a lump sum of capital for a guaranteed income for as long as you live (or you and your spouse or partner lives).
There are some risks that we take purely for the fun of it: skinny-dipping, roller coasters, even alcohol consumption. These risks range from fairly benign to potentially catastrophic.
Almost forty years ago in 1977, personal computers made their entrance into our lives as “microcomputers” and in 1980, as “home computers” intended for the non-technical user.
Take a moment to think back to the day you got your first job. At that time, you likely had minimal financial assets and no real estate...
People may not want life insurance, but they do want what life insurance can provide.
Many of my clients are single and/or widowed. I recently was working with one of my long-term clients in regard to her estate plan. She is a widow and holds significant non-registered investments of roughly $2,600,000.
Philanthropy often conjures up images of people with vast wealth and power; names such as Andrew Carnegie, John Rockefeller and Bill Gates often come to mind.
The role of an executor is an important job and a serious responsibility. The executor must manage and dispose of estate assets, file tax returns, and tend to a variety of other tasks to wrap up the deceased’s affairs.
Is your portfolio the result of your goals (or lack thereof)?
My wife and I had a baby boy on August 5, 2011. He just turned two and shares his birthday with his grandmother Ann. Liam is my first child and my wife Rita’s second.
Have you ever thought of the concept of immortality?
Rogers Group Financial was founded in 1973 by Jim Rogers, so we are about to celebrate our 40th year in business!
Individuals have the option to designate beneficiaries directly on assets such as registered plans, investment and insurance products and annuities. Electing this option results in the proceeds of an asset to by-pass the estate and flo
In Canada, as in many countries around the world, our life expectancy continues to increase. In B.C., these rates are the highest of all the province— just slightly higher than the Canadian average.
If you are a grandparent wishing to provide an asset for your grandchildren without compromising your own financial security, you may want to consider an estate planning application known as “Cascading Life Insurance” that will generat
In determining how much life insurance one really requires, there are a number of factors that need to be examined. The need for life insurance can be divided into two categories – capital needs and income needs.
For many Canadians, the majority of their wealth is held in personally-owned real estate. For most, this will be limited to their principal residence; however, investment in recreational and real estate investment property also form a
Investing today is not for the faint of heart. Fortunately for Canadians, segregated fund products offered by many life insurance companies provide a safety net for nervous investors.
When dealing with the estate planning of a family business, it is particularly important to consider the issue of estate equalization. One of the common objectives in a family business succession plan is to treat the children fairly a