What happens when a buyer backs out of a real estate deal?
Signing a purchase agreement and then failing to close can have serious financial consequences—and courts don’t take it lightly....
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“I discovered water damage in my home. Will insurance cover me?”
Not all water-related claims are handled the same way. These are the variables that come into play when home...
How to invest with spousal loans for Canadians—and how to pay it back
There is plenty of advice on setting up a spousal loan for income splitting, but it’s important to know...
Do you have to split your estate evenly between your children?
Courts in some provinces can vary the distribution of an estate and override a last will and testament. Here’s...
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5 reasons to buy life insurance—right now
An effective financial plan goes beyond saving and investing. Life insurance can also be a key element in achieving...
Does it make sense to use a line of credit to pay off credit card debt?
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Is the family responsible to pay the mortgage for a loved one who has passed away?
When a home owner dies with money owing on the property, the type of ownership determines who is accountable...
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How capital gains tax on property is divided in a divorce
When a couple separates, how does owning, transferring and dividing multiple properties affect capital gains?