Case study: a family’s financial plan

Liz and Phil Royal are a typical Canadian entrepreneurial couple: Close to retirement, oodles of retained earnings and no coherent plan for retirement. They are the prototypical case offered to the 100 registered financial planners who gathered for the sixth annual Institute of Advanced Financial Planners (IAFP) conference in September in Regina. To understand some[…]

Do you take this prenuptial?

Second marriages, an inheritance from your grandmother, or sizeable retirement assets are a few of the many reasons why more and more Canadians are signing on the prenuptial dotted line. Prenuptial arrangements, while not yet the rage, are becoming more and more commonplace, explains Jim Stoffman, a Winnipeg-based lawyer with 34 years of family law[…]

Book review: Every Families Business

Thomas William Deans is an entrepreneur. In fact, he is the third generation of a family of successful entrepreneurs, and, like his father and his grandfather before him, Deans started, built and then successfully sold his business. Now he wants to share his experience. So Deans wrote a book. While a quick scan at the[…]