by Endurance Wealth Partners Canada | Mar 15, 2023 | Estate Planning, Investments, Tax Planning
Today’s housing market remains challenging, leaving many first-time home buyers hard-pressed to come up with a down payment. So, quite often, parents or grandparents want to help out. As of April 1, 2023, a new avenue has opened to help fund a down payment: the...
by Endurance Wealth Partners Canada | Mar 15, 2023 | Financial Literacy, Wealth Planning
Your son asks if you’ll be a co-signer so he and his wife can qualify for a mortgage. Or a friend who’s struggling financially wants to know if you’ll co-sign a car loan. If anyone asks you to co-sign a loan, it’s not a decision to take lightly. You would be obligated...
by Endurance Wealth Partners Canada | Mar 15, 2023 | Financial Planning, Wealth Planning
Say that the holder of a Registered Retirement Savings Plan (RRSP) names their spouse as the beneficiary. Later, the couple divorces. The RRSP holder removes their ex-spouse from their will. However, with all the activity surrounding the divorce, they neglect to...
by Endurance Wealth Partners Canada | Mar 15, 2023 | Financial Literacy, Tax Planning, Wealth Planning
As an individual, you can save tax by using credits, deductions, exemptions and registered investment accounts. As part of a couple or family, you have opportunities to save tax by transferring money to your spouse or a child who’s in a lower tax bracket. [Section A]...
by Endurance Wealth Partners Canada | Mar 15, 2023 | Economic Insights, Investments
When markets have been below their peak for some time, it’s helpful—psychologically and financially—to keep in mind that down markets have always been followed by recoveries. Psychologically, you’ll feel reassured that better days are ahead. Financially, you’ll...
