With interest rates being historically low many clients have shopped around to ensure they are getting the best rate available for their mortgage. What many have forgotten is to do the same with their mortgage insurance.

Dementia and long-term care are at the forefront now more than ever. It is important to take the necessary steps in order to ensure that you're adequately prepared for the possibilities of the future. 

I was recently asked to comment on which kind of insurance is better suited for clients who have concerns of dementia: disability insurance or critical illness. Of course, the first thing that came to my mind was long-term care insurance.

Typically, clients would have maximized their RRSP account(s), TFSA account(s), and then look to insurance for the next step. 

For clients who have not heard of using insurance as an additional form of tax-exempt savings, this is a great article from Advocis and Forum Magazine to introduce you to the idea.

“Most Canadians are woefully unprepared when it comes to the important issue of tax and estate planning.”

Here is an insightful article from Wealth Professional explaining the importance of planning for the transfer of real estate to the next generation.

Investment Executive recently published a great article, offering three tips to improve clients' financial literacy. These tips speak so strongly to Howe, Harrell & Associates' core values that I felt compelled to share. 

I would like to share this article from Wealth Professional that sheds light on something that I have seen many times over the 16 years that I have been an advisor.

“Satisfaction was significantly lower among those served by with multiple financial professionals.”