Helping Elderly Parents Manage Their Money
As your parents age, there may come a time when you will have to help them manage their finances. Preparing for this early will help you navigate the scenario if the time ever comes. This infographic will give you an idea for some of the ways you could help your elderly parents manage their finances.
Four Common Estate Planning Myths (And Why They’re Not True)
Sometimes, it just seems easier to put off life and legacy planning for another day. The thing about an estate plan is that you never know when you might need it. Here are some common myths that get in the way of starting a life and legacy plan.
Duties of an Executor
When completing your will, you will need to name an executor. They will be responsible for making decisions on your behalf after you pass away. It is a challenging decision and the role comes with a lot of responsibility. This video outlines the primary duties they will fulfill after you pass.
Discussing Finances With Your Aging Parents
As your parents age, it’s important to have conversations with them about money. It can be a difficult conversation to start as most families don’t talk about this regularly. This video outlines some ways that you can approach this subject with your parents to have a positive and productive conversation.
Considering a Joint Bank Account with Elderly Parents
Opening up a joint bank account with your parents may seem like a simple solution to help them manage their finances. However, there are also some disadvantages to this. This infographic highlights the advantages and disadvantages so that you can make the best decision for your family.
Considerations When Choosing Guardians
When completing your will, one of the hardest decisions can be choosing guardians for your children. This infographic covers the things you need to consider for making this big decision.
Fixed Income Commentary
The battle between slowing overall economic activity and stubborn inflation continues to rage in most geographies. Central banks in these regions have increased short rates very sharply over the past year. Generally, the results have been positive as headline inflation has fallen and interest rate sensitive sectors of the economy are in decline. However, the […]
Is it a good time to invest by Lorne Zeiler
The current market volatility may cause investors to question when to invest in equity markets. Many people wonder if markets will go up or down in the short term. Lorne Zeiler, VP of Private Client Management, addresses these concerns in an article that explores the history of market performance and the importance of long-term investment […]
Help your child purchase a home with an FHSA
Today’s housing market remains challenging, leaving many first-time home buyers hard-pressed to come up with a down payment. So, quite often, parents or grandparents want to help out. As of April 1, 2023, a new avenue has opened to help fund a down payment: the First-Home Savings Account (FHSA). Although you can’t contribute directly to […]
Investing during a market recovery
When markets have been below their peak for some time, it’s helpful—psychologically and financially—to keep in mind that down markets have always been followed by recoveries. Psychologically, you’ll feel reassured that better days are ahead. Financially, you’ll be able to continue investing while prices are lower. No one, experts included, knows when a bear market […]
