Darren Sweeney Insurance & Wealth

Good things happen to those who wait, they say. And this can be especially true when it comes to retirement.

If you haven't made a donation, but still have plans to donate this year, you must act quickly. The deadline to get a tax receipt for 2020 is December 31. Here are 10 charitable giving tax tips for 2020.

Creating a savings habit early is the cornerstone of a sound financial plan.

The CDIC Trivia Challenge is a game designed to help you understand the basics of deposit protection while you learn a bit about CDIC. It only takes a few minutes and you might win a price!

Probate avoidance is not a strategy. It’s an emotional reaction that often comes with real and costly consequences consequences that frequently cost much more than 1.5%. If you have questions about Estate Planning, give me a call.

What if there was a plan that allows you to have your cake and eat it too? One that gives you exposure to the upside of the stock market while ensuring that you don’t lose money if the bottom falls out?

It’s important to remember that stocks tend to go up over time, as it has been amply demonstrated, and that there is no magical mix of party control of the White House and Congress that produces the best combination of solid returns with low volatility.

Making a charitable donation, either personally or corporately, will result in tax savings. Depending upon your situation, donating through a corporation might just maximize your tax savings. This article compares the benefits of donating personally vs through a corporation. Note that this is an example and not a substitute for personalized tax advice. Check with your tax advisor annually to determine which strategy will work best for you.

Whether it's travel for work or an unexpected-but-necessary visit to see family, travel medical insurance is needed now more than ever. Despite Canada's advisory to avoid non-essential travel, several insurers are now offering medical insurance to cover costs if travelers get sick with the coronavirus while away. Plans may include emergency air transport to return home, coverage for quarantine expenses, etc. Be sure to review the limits and restrictions before you buy.

If you are an adult Canadian who uses e-mail and surfs the internet, this book is for you. In a unique and humorous way, this former military officer and tech executive shares what she’s learned about the estate industry and the taboo topic of preparing for one’s own death. Preparing for death doesn’t need to be scary or foreboding. It can actually be liberating and energizing.