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Katrina McHugh

THE AFTERLIFE - ESTATE PLANNING TO HELP YOUR HEIRS

Thursday Oct 12th, 2017

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Estate planning means not leaving your money to the government. Here, ways to make sure the taxman gets less.   Face it: when you die, the wealth accumulated over a lifetime will be exposed to taxes. Instead of leaving it all to your family, you could be paying a lot to the Canada Revenue Agency (CRA). And that could deprive your beneficiaries of tens of thousands of dollars.   "Everything is up for grabs," says Jeanette Brox, a Toronto-based certified... [read more]

WHAT NEEDS TO BE DONE WHEN SOMEONE DIES?

Monday Aug 08th, 2016

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WHAT NEEDS TO BE DONE WHEN SOMEONE DIES? I had three calls this week from colleagues asking me to guide them through the process of what has to happen when a loved one dies.  Unfortunately in each case there was no preplanning nor had the families had any conversations about what type of funeral the deceased wanted.  Imagine their total bewilderment and shock at having to make important once in a life time decisions – all while they are in a state of total emotional... [read more]

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