Unemployment Spikes, Easter and #MoneyTalk
Unemployment jumps tremendously during the Pandemic and signs are things will not get better. This and lots of other great financial articles.
Henson Trusts
Before the RDSP, the Henson Trust was a crucial estate planning tool for parents of disabled children. It allowed families to leave money in trust without jeopardizing the beneficiary’s access to essential services and income-tested support programs. This article offers a brief overview of Henson Trusts, points readers to a deeper resource from a trusted financial expert, and highlights key considerations like needing the Disability Tax Credit (DTC) and provincial implications, such as ODSP eligibility in Ontario. Whether you’re planning an estate or exploring RDSP alternatives, understanding the role of a Henson Trust is essential.
Doomsday Finances
Doomsday finances? Are we at that point? No, but personal finance doomsday may happen for a lot of folks, due to these times.
You Need a My CRA Account
Now more than ever, you should get on-line access to your CRA account. With this you can know where you stand with them easily.
Covid-19, Stay Home and #MoneyTalk
Some great financial reads for a quarantined week, and me pleading for you to stay at home, if you don’t need to go out. Stay home! If you are hoarding toilet paper, I hope you have to use it (in a short period of time!)
