Estate planning for pets

Pets are, it is widely accepted, a crucial component in family life. According to Matthew Metos1, vice president of Advanced Planning for Fidelity Investments and an estate planning for pets specialist: “A lot of people love their pets as much as they love their children.” Mr. Metos adds: “So it makes sense to consider taking […]

Retirement Plans vs Retirement Planning

In thinking about retirement, there is often a focus on specific goals or perhaps idealistic dreams of the future. This open-ended thinking is critical, as achieving the retirement one envisions begins with knowing what that vision entails. That said, there is a major difference between one’s plans for retirements and having an actual retirement plan. […]

Why Business Succession Planning is More Important Than Ever

Business succession plans have always been important, but they’re arguably more critical now than ever before. The Canadian Federation of Independent Business recently released a report indicating that 72% of small business owners plan on exiting their business in the next 10 years. A substantial number of respondents (47%) actually plan on leaving within the […]