by Financial Tech Tools | Nov 5, 2024 | Blog, Estate Planning, financial advice, tax
A common belief among Canadians is that they will be taxed on money they inherit. However, Canada does not impose an inheritance tax. Instead, after someone passes away, their final tax return must be filed, covering the income they earned up to the date of death. Any...
by Financial Tech Tools | Oct 1, 2024 | Blog, life insurance
When should I buy life insurance?No matter what stage of life you are in, Life insurance can benefit you. It will give you peace of mind knowing your loved ones will receive the financial support they need after you die. It is never too soon or too late to buy life...
by Financial Tech Tools | Sep 2, 2024 | Blog, life insurance
Why Should I Review My Life Insurance?It’s great that you’ve taken the critical step of buying life insurance. However, have you reviewed it recently to make sure that your policy is still suitable for you? It’s important to review your life insurance policy annually...
by Financial Tech Tools | Aug 6, 2024 | Blog, Business Owners, Financial Planning, insurance, investment
Financial Planning for Self-Employed ContractorsBeing a self-employed contractor can bring you a large cash flow and the satisfaction of being your own boss – but it can also make financial planning more complicated than being an employee. When creating a financial...
by Financial Tech Tools | Jul 1, 2024 | Blog, Financial Planning
The Six Steps to Financial PlanningMany people put off planning for their financial future because they’re overwhelmed with all the decisions they have to make. The good news is that there’s help at hand – in the form of a certified financial planner. A certified...
