Canadians increasingly rely on parents and grandparents for financial support into adulthood, and mitigating intergenerational financial strain requires multi-pronged strategy.
Recently published in Investment Executive and Advisor.ca, Marc Mercier, partner with Cassels’ Banking and Specialty Finance Group, shares eight key components of sound financial planning for families navigating today’s economic climate and delayed financial independence among younger generations.
From RESPs and TFSAs to structured loans, joint ownership, and trust planning, success requires clear communication, shared goals, and alignment across generations alongside financial tools.
Read the full article here: https://www.investmentexecutive.com/news/industry-news/providing-intergenerational-financial-support/
