Have You Been Appointed Estate Executor? Five Mistakes to Avoid

March 24, 2023 by Christopher Briggs, RRC®, CIM® in Estate Planning

Administering an estate can be a time consuming and complex task, often occurring during an emotionally difficult time. It isn’t uncommon for mistakes to be made, which can lead to increased tax liabilities, conflict with beneficiaries or, worse yet, litigation. Equally concerning, the executor may be held personally liable for any errors. If you have been appointed as executor, being aware of these potential pitfalls may help as you contemplate the role.

Estate Planning

You Asked: Transferring Family Property to the Next Generation

August 4, 2022 by Carly Broetz, BBA in Estate Planning

With the arrival of summer comes cottage and cabin season once again! Many family properties have been owned over generations and there is often a desire to keep them in the family for decades to come. Yet, many children do not have the funds needed to buy the property.

Real Estate

Wealth transfer: Preparing the next generation

June 28, 2022 by Christopher Briggs, RRC®, CIM® in Real Estate

Intergenerational wealth, on our TV screens at least, conjures images of Succession’s Logan Roy dismissing one of his weasel kids with a sneer and expletive. Roy, the fearsome patriarch, who built his business from nothing, watches in disgust as the heirs to his throne – who do no work of any note - connive and backstab in an effort to win the keys to more money and power.

Current Events

Talking to Adult Children: The Hot Housing Market

August 11, 2021 by Iwona Nicastri, CFP® in Current Events

For those of us who can remember, the average cost of a Canadian home was around $164,000 when we started the millennium.1 In just over 20 years, this has risen to around $716,000 — and, what you get for that price can vary depending upon your location.