For many entrepreneurs and business owners, their business represents their single largest asset. Depending upon the size of the business, it likely dwarfs the value of their home or other assets. Like selling your home, to attain the most significant selling price, you will have to invest some upfront time, money and energy into fetching the best asking price possible. … Read More
How Do You Know if You are CRA’s Favourite Target?
No one wants to be in CRA’s cross-hairs. You may be an unsuspecting victim even if you’ve done nothing wrong. We’re not talking about people who are guilty of tax evasion or tax avoidance. Your only criteria may be your marital status. If you are single, divorced or widowed, then you may be CRA’s favourite and unsuspecting victim. If you … Read More
How a Cottage and Investment Properties can be a Nightmare for Families?
Estate Planning Tips for Real Estate Investors 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 forms a substantial part of some estates. Due to the nature of real estate, it is important to … Read More
What are the 12 Benefits of Permanent Life Insurance for Business Owners?
Best Corporate Financial Planning Considers the Benefits of Business Insurance Most people hate life insurance. There are even fewer people that want to buy life insurance. The people that like it are the individuals that realize what life insurance can do for them and their business. The only other people who want to buy life insurance are the one’s that … Read More