Financial success often involves making good decisions and avoiding big mistakes. Parents who spend the time to teach their children the basics of finances will help start them off on a more informed path. One of the first big decisions your adult child may make is with regards to the purchase of a home. They […]
Last week, we encouraged those individuals interested in purchasing either a condo or a single-family dwelling to understand the financial numbers and to set goals. I have heard many people say that the prices in Victoria are excessive and that it is impossible for young people to purchase a residence. It may be more difficult […]
One of the most rewarding investments is the purchase of a principal residence. Getting away from paying rent and building equity can be a significant financial step in the right direction. Many younger people today may not know the numbers regarding what it would take for them to make such a significant purchase. My recommendation […]
About 15 years ago, I had a client with a terminal illness. Her biggest concern wasn’t about her own health, but rather who was going to take care of her dog after she died. I hadn’t really given that type of question a lot of thought until that day. Today, one of the questions we […]
Over the years, we have helped clients overcome many different challenges. This article focuses on the challenges of looking after our parents as they age. This is a complex responsibility as it involves emotional and financial management. Handling these effectively requires different skills. Below are a few points to assist with the financial challenges. Our […]
Your will is essentially a document that outlines what you want done with your assets after you pass away. The term asset is very broad and can include everything from personal and household effects (“articles”) up to your principal residence. The general structure of a Will typically starts with leaving specific bequests. This can be […]
One of the first roles of an executor of a will is to gather and secure their client’s assets. This process includes ensuring the principle residence is locked and all known assets are secured. The executor has a fiduciary responsibility to do this for the benefit of all beneficiaries. One of the challenges an executor […]
At every stage of our client’s lives, we feel they should have an up to date will. Unforeseen events can happen and planning is essential to ensure your assets and estate are distributed according to your wishes. The term “estate” can be used different ways. For purposes of this article, we will refer to any […]
Ever since the stock market was first introduced, investors have been concerned about declining markets. It’s only natural. In fact, there hasn’t been a single year since the Great Depression during which world events have not impacted investor sentiment. When the dust has cleared, however, financial markets have always found a way to survive some […]
We begin every meeting with our clients by reviewing a summary sheet of key macro items we believe are important for the client to either understand or communicate to us. We provide new clients with a financial checklist to take home, fill out and return to us either by email, mail or at our next […]
