Life cover can serve multiple purposes, such as securing your home loan, providing capital for a family member upon your ...

A Qualifying Terminable Interest Property (QTIP) trust can be an advantageous tool for married couples to utilize as part of ...

Key person insurance can help your business avoid financial burdens if a critical employee, like a CEO or founder, passes ...

At its core, life insurance provides money to your beneficiaries in the event of ... to pay taxes on the interest that has accrued. Some forms of permanent life insurance can pay dividends to ...

Discover essential tips to enhance your financial wellness in 2025, from reviewing your insurance coverage to assessing your ...

His IRA currently sits at $70,000. We’ve been married for 35 years. We have no children together and no debt. We have never ...

While you’ve likely heard the phrase “it’s better to give than receive,” did you know that it’s possible to do both? You can, for example, give to charity and get a big break on your taxes. In fact, ...

Ms. Kaufman offers the example of a parent with two children who names one as beneficiary of the RRSP and the other as ...

Your investment account’s transfer process after death depends on how you’ve set it up – from quick transfers with proper ...

It is a good idea for federal employees to prepare for the worst by getting their retirement “ducks in a row” if these ...

I have a pretty good amount in my IRA ($500,000) that I have contributed to for years. I also funded my husband's IRA spousal account ($70,000) as he seldom worked and made zero contributions himself.

Taxes are a part of life for everyone. But when it comes to running a business, investing in real estate, or managing ...