... have meanwhile sold off some stocks at a significant loss. When the RESP beneficiary withdraws the money, will this inflated gain become a taxable liability? If the child does not pursue the higher education or parent does not want to fund the study and instead chooses to withdraw the money (minus ...
Feb 13th, 2024 6:40 pm
... but many are steering me to incorporation and I’m thinking I might be getting bad advice. One topic that comes up a lot in my field is liability. Many of my agency colleagues feel that when incorporating, your personal finances are protected from the consequences of your actions. In ...
Dec 30th, 2023 7:19 pm
Need Advise : Should I drop Extended Third Party Liability and Comprehensive insurance? Scenario Car: 2021 Sienna Location: Maple Ridge, BC Basic Insurance from ICBC: $1257/yr Car used for driving to work <20km per day Optional Insurance Extended ...
Jun 14th, 2023 2:04 pm
I was able to renew the plates for my daily online with no issues. When trying to renew my summer car (expired Oct 2021 since I forgot and wasnt driven this year), I get an error msg that "we cannot confirm insurance for this vehicle". Is it because it requires full coverage to renew? Or b...
Oct 10th, 2022 9:52 am
How does it work with handyman and they replace either of the above . Will they be covered by insurance? Are they allowed to do these
Sep 28th, 2022 9:53 am
Sep 22nd, 2022 1:22 am
My company ( Sedgwick ) is looking to hire adjusters at various experience levels - ( MUST BE experienced) - opportunity to WFH Salary ( guesstimate) Junior 40-55kIntermediate 50-70kSenior 65-85kPlease DM me if interested
... Driver A failed to stop fully at the stop sign. Driver B cut the corner. They collided. There were photos and dashcam video. ICBC assigned liability 100% to driver A who failed to stop and wait at the stop sign. My understanding of the Ontario Insurance Act is that this would also be automatically ...
Jul 9th, 2022 12:48 pm
Just switched from Telus to Bell and was charged a $63 termination liability charge along with the remaining balance of my phone and the bring-it-back amount. Weren't early cancellation fees abolished years ago and you only have to pay remaining balance? ...
Jan 4th, 2022 2:04 am
Looks like days are gone when the rubber hits the road the price drops but todays case it is actually opposite the car value is expecting to increase for few more year due to chip shortage . friend 1 : bought a Jeep on promotion with good discount on brand new 2021 just before prices hit the roof fr...
Sep 6th, 2021 12:40 pm
Hi All, has anyone looked into getting Director & Officer Liability insurance for their small business? I am thinking of this as added protection, but not sure if it is commonpractice since i am having a hard time getting quotes from a local broker. ...
Apr 22nd, 2021 12:42 pm
I have a working car that won't pass safety but is completely driveable. What do I need to do to sell it as is and protect my insurance from liability if some jackass throws plates on it and drives it without registering or getting it safetied? Obviously I'm going to have it removed from my ...
Apr 14th, 2021 2:11 pm
My car was damaged when I backed into a trench. Basically I was on a U shaped road that accesses the road to my townhouse. Construction workers were on site on part of the road which was marked with orange cones. The entrance to the townhouse road was completely blocked off with workers and orange c...
Apr 4th, 2021 10:27 pm
I started a small business where I manufacturer products and sell to consumers. Where would be the cheapest place to get Product Liability insurance? There aren't many online quote options.
Jan 14th, 2021 9:36 am
... in your new home even after you have fully paid your mortgage because property tax is always lurking around the corner! if it is a condo, your liability is further complicated by condo fees. both tax and condo fees can also go up anytime further adding to the tensions; but for this post, let ...
Nov 3rd, 2020 12:43 am
We've been working with an external team to create a website, and when we were discussing T&C and policy, something concerning came up and wanted to seek your guidance. here is the background in a point form: A website was created by Entity B for Entity A API keys to social network logins are cr...
May 13th, 2020 11:30 pm
Wjat are your thoughts on either tenant or lanlord hiring a teenager from the neighborhood to cut the grass .
Apr 17th, 2020 7:21 am
Question:- Company A transfers assets and liability to company B- Both companies are owned by the same owners- There is no cash exchange1. How do I book this transaction?2. When filing taxes (T2), is there a specific form to be submitted for this?Thank you
Mar 10th, 2020 12:45 pm
... has been passing NSF cheques off to his subtrades, and now many of them are coming to me threatening a property lien. My question is about my liability - I have held back 10% of the total reno cost (approx. $25k). The contractor was paid in full for all milestones, and should have been paying ...
Feb 15th, 2020 12:14 pm
Hello, Need help appealing accident liability ruling assessed by ICBC. I was waiting to make left turn at an intersection that has separate traffic light for left turns (in both directions). When my arrow changed from red to green, I turned ...
Jan 15th, 2020 1:32 am