If you are new to investing and aspects like financial planning and wealth management, you may have several questions and doubts about the industry. These may pertain to risks, costs, and your overall financial health. To clear your confusion and arm you with the information you need to make the right decisions, Westgroup Financial Management Inc. has answered some of the most frequently asked questions about estate planning. These answers are based on our experience so that you have first-hand information that gives you the power.
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Frequently Asked Questions About Wills And Estate Planning
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How To Retire Comfortably
Are you planning to retire within the next few years? Then it’s time to initiate certain actions to ensure a secure and financially stable retirement whilst enjoying life. You need to start by reviewing your finances to ensure your future income will allow you to enjoy the lifestyle you want. Your preliminary decisions of planning ahead will allow you to be more equipped to handle retirement in a successful and enjoyable manner.
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Government to reimburse self-employed workers who repaid CERB
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/
Article Written By: Staff, Canadian Press
Original Article Posted on: 27th May 2021
Link to Original Article: https://www.advisor.ca/tax/tax-news/government-to-reimburse-self-employed-workers-who-repaid-cerb/
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Death, taxes and your RRSP: What you need to know to minimize the tax hit to your estate
Original Article Source Credits: Financial Post, https://financialpost.com/
Article Written By: Jamie Golombek
Original Article Posted on: 14th May 2021
Link to Original Article: https://financialpost.com/personal-finance/taxes/death-taxes-and-your-rrsp-what-you-need-to-know-to-minimize-the-tax-hit-to-your-estate
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What Tests Are Required For Life Insurance?
Original Article Source Credits: Money Under 30, https://www.moneyunder30.com/
Article Written By: Amy Bergen
Original Article Posted on: 27th May 2021
Link to Original Article: https://www.moneyunder30.com/tests-required-for-life-insurance
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Understanding income attribution and how to deal with it at tax time
Original Article Source Credits: Money Sense , https://www.moneysense.ca/
Article Written By: JASON HEATH
Original Article Posted on: APRIL 5, 2021
Link to Original Article: https://www.moneysense.ca/columns/ask-a-planner/understanding-income-attribution-and-how-to-deal-with-it-at-tax-time/
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Using Behavioural Insights to encourage charitable donations among repeat donors
Original Article Source Credits: Canada.ca , https://www.canada.ca/
Article Written By: NA
Original Article Posted on:
Link to Original Article: https://www.canada.ca/en/innovation-hub/services/reports-resources/using-behavioural-insights-encourage-charitable-donations-among-repeat-donors.html
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Karm Panesar | The Top 100 Magazine | Profile
Original Article Source Credits: The Top 100 Magazine , https://www.thetop100magazine.com/
Article Written By: NA
Original Article Posted on: NA
Link to Original Article: https://www.thetop100magazine.com/karm-panesar
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CRA: 3 Huge TFSA, RRSP, and CPP Changes in 2021
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Aditya Raghunath
Original Article Posted on: December 29, 2020
Link to Original Article: https://www.fool.ca/2020/12/29/cra-3-huge-tfsa-rrsp-and-cpp-changes-in-2021/
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Canada Revenue Agency: Your TFSA Limit Is $6,000 More in 2021
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Christopher Liew, CFA
Original Article Posted on: December 11, 2020
Link to Original Article: https://www.fool.ca/2020/12/11/canada-revenue-agency-your-tfsa-limit-is-6000-more-in-2021/
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One-time payment to persons with disabilities
Original Article Source Credits: Canada , https://www.canada.ca/
Article Written By: NA
Original Article Posted on: 2020-10-30
Link to Original Article: https://www.canada.ca/en/services/benefits/covid19-emergency-benefits/one-time-payment-persons-disabilities.html
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THE GLOBAL CEO EXCELLENCE AWARDS ANNOUNCED.
Global CEO Excellence Award Winner is Karm Panesar
When it comes to managing wealth, a life long entrepreneur is one of the best people to run to. Karm Panesar has been making money since he was high school, opening his first business at the age of eighteen. With
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Top Five Things To Look For When Hiring A Financial Planner
Whether you’re struggling to purchase the right type of investment or want to set up a retirement plan, managing your finances without understanding the ins and outs of the financial industry can be challenging. At such times, working with a trusted financial planner to help you bolster your overall financial picture is incredibly beneficial.
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Karm Panesar
Karm Panesar is a lifelong entrepreneur who dove into the world of accounting straight out of high school and at just 18 years old opened his first business—one of many successful ventures over the past 15 years.
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The Faces Behind Westgroup Financial Management Inc.
Meet Karm Panesar, President and Founder, and Bal Kundan, Vice-President and Co-Founder of Westgroup Financial Management Inc. Here’s their story about how it all started and what matters to them.
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Announcing The New Website
We are delighted to announce the launch of our new website!
Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer.CLICK HERE TO READ THE FULL ARTICLE »
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New website under construction
New Website Coming Soon!We are currently revamping our website. Our new website will be interactive and mobile friendly!
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