Articles with the Tag “Protecting Wealth”
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What Is a Trust?
David Chilton, author of best-selling personal finance guides The Wealthy Barber, explains what trusts are and why he thinks they are underutilized.
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3 Considerations for Donating Money and Leaving a Legacy
Want to incorporate philanthropy into your estate planning? Discover 3 options for making donations part of your wealth transfer strategy.
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A New Generation of Estate Planning: Why Create a Digital Legacy
With estate planning, it’s important to consider how you want your digital photos, emails, online accounts and other digital assets handled.
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Power of Attorney: Why it is so Important
Incapacity is not age related. It can happen at any time. That’s why you need a power of attorney.
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How One Retiree Planned His Stress-Free Second Act
Wayne Oudijn’s life got busier when he stopped working. A solid plan lets him focus on gardening, biking and everything but managing money.
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How to Recognize and Prevent Financial Elder Abuse
Financial abuse of the elderly is a concern for many seniors. Here’s how to help protect yourself or your loved ones.
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How to Empower Older Canadians With Personal and Financial Planning
Current impacts from COVID-19 are prompting Canadians to consider how and where they’ll grow old and who will take care of them.
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What is a Holdco? Unlock the Benefits of a Holding Company for Your Business
A holding company, also known as a “Holdco,” is a company that doesn’t produce goods or services. Rather, it’s a place to hold assets such as excess cash or shares of another company. A Holdco can offer many benefits for businesses – find out if it’s right for yours.
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The Wealthy Barber Explains the Benefits of a Testamentary Trust
They are a tool—a quite flexible tool—that can help you to help the people you love.
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Take the Commuted Value of Your Pension, or Leave It in Place?
You are leaving your job. Do you keep your pension plan in place, or commute your pension to cash? Here are some pros and cons to consider.