As the executor of a person's estate, you must distribute or dispose of the assets according to the deceased person's wishes. However, there are several things that must be done before you can do that, and one of those things is make sure any taxes or debts are paid. Failure to do this can result in you being required to pay what is owed out of your own pocket. Here is information about how you can minimize your risk of being held liable for another person's debts.
6 November 2014
While technology has its benefits, it can also have its disadvantages. When so much personal information is stored and exchanged electronically, data breaches are bound to occur. While data breaches are not new, as even before today's technology paperwork containing private information could be stolen, thieves can now steal data in ways they never could before. Several companies are under class action lawsuits for allowing the personal information of their customers to be obtained by crooks or simply lost.
29 October 2014
There are many reasons to consider immigrating to Canada. Maybe you're already a legal resident and would like to make your stay permanent by becoming a citizen. Maybe you are attracted by the growing economy, low taxes, and abundant business opportunities that the country offers. Or perhaps you're interested in living in a diverse, multicultural nation with a high standard for the quality of life of its citizens. Whatever your reasons, you'll find that Canada is a very welcoming country.
7 October 2014
When you face a tough legal dilemma, your lawyer can stand by your side and help you to fight allegations and expensive court orders. Although your attorney might endure these challenges with a smile on their face, many clients unintentionally frustrate their attorneys by doing the wrong things. Here are three ways that you can make your lawyer's job a little easier, so that your case can have a successful outcome.
1 October 2014
Depending on a number of factors – including where you live, your financial situation and just how much trouble you're in – it can cost anywhere from $50 to well over $1000 an hour to retain the services of an attorney, according to Lawyer.com. If you've required help from a lawyer, no matter what the circumstances, chances are you were a little stunned when you got the bill. However, before you start protesting what you consider an outrageous expense, it's important to learn why lawyers are so expensive and why in some cases, their services will be worth every penny.
16 September 2014
Average tuition fees in Canada for the 2014/2015 academic year increased by 3.3 percent, compared to the previous school year. Canadian students pay an average of $5,959 per year in tuition, although students in some provinces pay as much as $7,539, so it's unsurprising that so many people turn to student loans to get them through higher education. A student loan is an effective way to finance your education, but it's important to understand your responsibilities when it comes to paying off the debt.
15 September 2014
Debt can wreak havoc on your health and relationships. It causes stress and anxiety, and often causes rifts between spouses. Yet the average debt-carrying Canadian owes a total of $27,368 in non-mortgage debt. Debt-free people don't experience financial anxiety. And if you think that you have to be rich to be free of debt, think again. Even people on modest incomes can dig out of debt. If you'd like to work on debt consolidation, here are five financial lessons you can learn from debt-free people.
8 September 2014