by Rona Birenbaum BAS CFP®, CHFS | Jul 15, 2019 | Cash Flow Concerns, Estate Matters, Musings, We Think You Might Enjoy...
Our weekly take on news and information that is good for you. Not just about money, we highlight some of the most useful content the internet has to offer, straight to your inbox weekly. Financial friction getting between you and your partner? Here’s some helpful...
by Rona Birenbaum BAS CFP®, CHFS | Feb 19, 2019 | All About Tax, Cash Flow Concerns, Estate Matters, Retirement
If you belong to a defined benefit pension plan, you will eventually need to make a choice between: Guaranteed monthly payments from your employer and A lump sum, or “commuted value”, that you invest to provide a retirement income stream. In the first case, the risk...
by Rona Birenbaum BAS CFP®, CHFS | Apr 6, 2018 | Estate Matters, Risk Management
At some point, you wisely purchased insurance to protect you and/or your dependents from the financial risk of premature death, disability, critical illness, or the need for long-term care. To get that coverage, you likely did one or more of: Answer a bunch of medical...
by Rona Birenbaum BAS CFP®, CHFS | Feb 1, 2015 | Estate Matters
It used to be enough for an estate trustee (executor) to provide the Ontario government with their own calculation of the value of an estate when filing for letters probate. Provincial probate fees are assessed on the estate value and equal $250 for the first $50,000...
by Guest Blogger | Jan 3, 2014 | Estate Matters
Guest post by Jason Allan, Barrister and Solicitor Yes. The executor has the right to charge a fee or “compensation” for managing an estate. The Trustee Act states: “A trustee, guardian or personal representative is entitled to such fair and reasonable allowance for...
by Rona Birenbaum BAS CFP®, CHFS | Sep 10, 2013 | Estate Matters
Being appointed executor of a loved one’s Will is an expression of the ultimate trust that person places in you. Although you may emotionally feel the need to honour the wishes of the deceased, there are some practical aspects one should take into consideration...
