KeatsConnelly Cross-Border Weekly Best of the Web 2014-7-25

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week’s list includes an article discussing how to prevent an entitlement mentality in children, a piece with some new developments on the Keystone plan, and a survey revealing interesting statistics about what people have or have not discussed with partners about their plans for retirement.

Unspoiled Children, No Rod Needed (www.wsj.com) – You want to give your children everything. But sometimes you can go too far and create a spoiled, entitled brat. The consequences can be severe: In addition to acting like whiny complainers now, spoiled children are more likely to grow into financially dependent, irresponsible adults plagued by overspending and debt. “Some parents want their children to have everything for free,” says Katherine Dean, managing director of wealth planning at Wells Fargo Private Bank in San Francisco. “But the real world doesn’t work that way.” Financial advisers and therapists suggest various ways to avoid spoiling your children…

Canada’s envoy to U.S. pushes Keystone plan at B.C. summit (http://www.theglobeandmail.com/) – United States ambassador to Canada Bruce Heyman had little to say Tuesday about a possible decision on the controversial Keystone XL pipeline project, but that didn’t stop Canada’s U.S. ambassador from bluntly stating there’s no proof that the pipeline shouldn’t be built. Gary Doer said all the evidence – environmental, economic, safety and scientific – supports a favourable decision by the U.S. government for the Keystone oil pipeline…

The retirement discussions you’re not having (http://www.financialpost.com/) – Canadians expect to spend more time with their partner in retirement even if they’ve neglected to mention that plan, a new survey finds. A poll done for Royal Bank of Canada finds 68% of not-yet-retired Canadians 50 or older have not revealed their retirement plans to their significant other. Yet 57% of men say they plan to spend more time with their partner and 52% of woman will do the same. Potential health issues have been mostly ignored with 86% of respondents saying they have not discussed how they’ll manage if their partner gets sick…

Come back next week for more interesting news and articles. Enjoy your weekend!

Tagged with: , , ,
Posted in Cross-Border Blog
Cross-Border Series
The Border Guide
Now available in its 11th edition, The Border Guide has sold over 80,000 copies and is considered the definitive cross-border financial tool for Canadians living, working and investing in the United States.
A Canadian's Best Tax Haven
This book will show you how to realize your dream of living a lifestyle in a climate that allows for year-round golfing and sandy beaches while lowering your taxes and cost of living.
Taxation of Canadians in America
This book addresses individual US taxation and estate planning issues you will face as a Canadian living in the US.
Taxation of Americans in Canada
US citizens and green card holders are subject to US tax regardless of where they reside in the world. Are YOU at risk?

Crossing the Border?
TRY OUR CROSS-BORDER FORUM »
Get Updates from Us
SIGN UP FOR E-UPDATES »