Alterna Wealth

Articles here have been written by Alterna Wealth.

Following the introduction of new U.S. tariffs, markets experienced notable declines over three trading sessions, moving broader indices into correction territory.

If you’re new to investing, the sheer number of investment vehicles available can be overwhelming. You could try stocks and bonds, but it’s tricky to navigate the complex investment landscape – while also understanding enough about the markets and economy – to know when to buy and sell.

Staying on top of your income and expenses can be difficult, and as life circumstances change, you’ll need to make budgeting and other financial adjustments accordingly.

Have you ever thought about what might happen to your finances if you became physically or mentally incapacitated? Who would pay the bills, manage your investments and look after your various financial accounts? Similarly, who would make critical decisions for you regarding health care matters?

The Canada Revenue Agency (CRA) doesn’t consider the amount you inherit to be taxable income, but before you receive this inheritance, the CRA taxes property held in the estate of your benefactor (i.e., the person providing your inheritance).

Estate planning is a legal process for the distribution of a deceased person’s assets. It allows you to create a formal strategy that helps safeguard your assets and transfer them in an orderly, tax-efficient manner to beneficiaries.