Throughout one’s work-life, earned income is often considered their greatest asset (with exception to home equity if you live in BC and own your home). Workplace long-term disability plans may not cover injuries that occur outside of work hours. For example, falling off a ladder while taking down Christmas lights could have a devastating impact on your ability to work and, therefore, your income. So, what options do you have?

Canada Life provides valuable insights and advice on how to protect yourself and your paycheque.

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Experiencing a critical illness diagnosis could become one of the most challenging times in one’s lifetime. A vital ‘safety net’ is having Critical Illness (CI) Insurance in place; you may receive a one-time benefit payment to provide financial support while you are alive!

BMO Insurance has created a short illustrative video on one family's experience related to critical illness insurance.

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We all have different needs in life, and that includes the need for life insurance at various stages in our lifetime. A young couple just starting out; a business owner with a successful business; a middle-aged individual nearing retirement; or a retired couple - your life insurance needs will vary. With so many options available today, where does one start?

Empire Life’s article on “Understanding the different types of life insurance” gives you, or your loved ones, a starting point of the many considerations throughout your life cycle. Of course, it is always best to discuss your personal circumstances with your MWFS Account Manager to decide what is right for you.

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When you were young, your mom or dad may have sat you down for "the talk". It may have been a pivotal moment, marking a key transition into adulthood that required guidance and conversation.

Perhaps now the shoe is on the other foot. You might find yourself needing to have an important discussion with one or both of your parents. SunLife's article explores several relevant topics to consider.

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The Holidays are often associated with Peace, Love, and Joy. However, not everyone sees it that way.

Whether it's you, a friend, or a family member, holiday stress can affect many in unexpected ways. Equitable Life shares techniques to diminish anxierty and alleviate stress through the season.

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There is a lot involved in caring for an older loved one. It's just as important to be kind to yourself as it is to the person you are caring for.

IA Financial offers a fascinating short article on the may facets of becoming a caregiver. Of course, you may also wish to speak to your MWFS Account Manager about the tax benefits of being a caregiver!

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The older we become, the more important health issues and their associated costs matter. While our medical system provides coverage for many services, there are numerous expenses that remain uncovered.

To learn more about Health and Dental Insurance coverage, refer to Manulife's CoverMe Blog. Speak to your MWFS Account Manager if you have questions regarding the tax deductibility of health costs, including such insurance coverage.

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The holidays are a great time to spend with and think about those we love. While this season invites fond reflection, it may also spur you to action.

Are your 'wishes' perhaps made years ago still relevant today? Do you have new desires? In their blog, Beneva offers key considerations for you life insurance policy(ies).

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Utilize the above tips and strategies to further optimize your tax situation and take advantage of the most effective tax savings available.

Reach out to your MWFS Account Manager if you have questions regarding the information, your tax return, davings and investments, or wish to discuss your tax and estate planning solutions.

You have worked hard for your money. You understand what it took to accumulate wealth. However, you might worry that you adult children do no share the same financial diligence. When the time comes to pass on your estate, how can you ensure your hard-earned assets are managed wisely?

Fortunately, there are alternatives that allow you to support them while encouraging financial responsibility. Equitable Life outlines the details of a Gradual Inheritance Strategy.

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