Rod Gibbings became a financial advisor because he didn’t want to ski competitively anymore. “I actually didn’t know what the job was when I started,” he chuckles. That’s the absolute truth. No idea. I was anti-going back to another season of skiing versus what I was going into.”
At IG Private Wealth Management™, we believe it takes a careful mix of expert financial knowledge and agility to get the best from today’s markets. That’s why we developed the iProfile™ Private Portfolios.
Adding your adult child as a joint owner to your property could have unintended tax and legal consequences.
As a business owner, having a well thought out tax and estate plan is key for financial success.
Individuals can grant powers to others to manage their affairs in a number of different circumstances using various types of documents, often known as a power of attorney. Being appointed as a substitute decision-maker for someone’s financial affairs through a power of attorney is both an honour and an obligation.
When an estate or gift is left to a child, it can be subject to a family property claim if the child later separates or divorces. But, there are ways to protect the inheritance, ensuring your child remains the sole beneficiary.