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CPP – Should you take it early?

The new rules governing CPP were introduced in 2012 and they take full effect in 2016.  The earliest you can take your CPP Pension is age 60, the latest is 70. The standard question regarding CPP remains the same – should I take it early or wait?

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Can life in a nursing home be made uplifting and purposeful?

Here’s a charming read about how one innovative nursing home turned things around at their facility.

http://www.telegraph.co.uk/culture/books/11139446/Can-life-in-a-nursing-home-be-made-uplifting-and-purposeful.html 

 

©iStockphoto.com/

 

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Caring for Aging Parents

Canadians aged 85 and over represent the fastest-growing segment of the senior population. Start thinking about how you’ll care for your loved ones in this age group.

By Gail Vaz-Oxlade | for www.MoneySense.ca

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There is Nothing so Certain as Death and Taxes

The Clock is Ticking

Don’t Put Off Your Decision to Buy Life Insurance

2016 is an opportune year to buy life insurance. New laws affecting the taxation of life insurance come into effect on January 1, 2017. After this date new policies will not perform as well as they do currently.

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Long Term Care Insurance Not Just for the Elderly

Whenever the topic of Long Term Care Insurance (LTC) is brought up, most people’s reaction is to automatically assume the discussion is about caring for the elderly. While it is true that LTC coverage is a valuable tool to provide the necessary funds for when we are no longer able to care for ourselves, it should not be overlooked for younger people who are in the prime of their earning years but are unable to purchase the amount of disability insurance that they desire.

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There is Nothing so Certain as Death and Taxes

Or so the saying goes.  This certainly is true in Canada where there is a “deemed disposition” when a taxpayer dies.  What this means is that a taxpayer is deemed to dispose of all his or her assets at fair market value immediately preceding death.

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Family Business Planning Strategies

Family Business Planning Strategies

67% are at Risk of Succession Failure 

If you are an owner in a family enterprise, the likelihood of your business successfully transitioning to the next generations is not very good.  This has not changed over the years. Statistics show a failure rate of:

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Exempt Test Legislation

Major changes are coming to life insurance for 2017. Please don’t hesitate to contact us to find out how this impacts you.

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How Long (Will Interest Rates Stay Low)?

Great video and financial comedy from Merle Hazard  

Bluegrass with Merle Hazard, Alison Brown on banjo, Tammy Rogers King on fiddle, and Trey Hensley on guitar. Visit them at:
http://www.merlehazard.com
http://alisonbrown.com/

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Federal Budget 2016

The Honourable Bill Morneau, Minister of Finance, recently announced the federal budget for Canada for 2016. We’ve put together an infographic to outline the highlights of the federal budget and what it means for families, retirees and business owners.

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