2025-06-03
How to set financial goals with your spouse
It can be difficult to discuss your finances with a spouse. These five steps can help you set and achieve financial goals together.
2011-02-11
The only real issue that could change when an individual going through bankruptcy dies relates to their assets. Generally, an asset is either exempt (meaning it remains the property of the bankrupt(, or not, (meaning it becomes the property of the trustee). Under Saskatchewan law, exempt assets generally pass to the heirs of a deceassed individual so there is usually no issue with those assest. If however, an individual is buying a non-exempt asset back from the trustee (typically a vehicle) the trustee would have the duty to sell the asset if the bankrupt has not fully paid for it. It might also be the case that, if they are insurance proceeds payable to the deceased, those would flow into the bankruptcy as well. However, the remainder of the process usually just continues and the deceased bankrupt's estate will eventually receive its discharge from bankruptcy (although this may require the trustee to make a court application to waive counselling or other duties that the deceased can no longer perform). Ian Schofied MNP Regina 306-790-7904 I should also mention that is possible for the estate of a deceased individual to be placed into bankruptcy, should this be necessary.
2025-06-03
It can be difficult to discuss your finances with a spouse. These five steps can help you set and achieve financial goals together.
2025-06-03
Lifestyle Debt
As more Canadians explore digital currencies, it’s essential to understand the risks. Learn how to protect your investments from volatility, scams, and legal pitfalls, and make informed decisions with this practical guide.
2025-05-27
Lifestyle Debt
Here’s a comprehensive guide on how to budget for a summer vacation, ensuring you make the most of your trip without overspending.