Apartment suite Living Versus Single Family Homes – What Is a Better Investment?


Numerous who end up on the chase for extravagance homes neglect to consider an apartment suite. In 2015, condominiums offer a great deal more than a celebrated loft feeling as they have previously. They absolutely increase present expectations with regards to house chasing. One can accomplish everything inside an apartment suite that they can in a disconnected home, and acknowledge numerous a larger number of advantages than envisioned.<a href=”” Target=”_blank”>

</a>Picking a townhouse rather than an extravagance home that is worked for a solitary family is really a keen choice. It pays to investigate the points of interest keeping in mind the end goal to settle on an educated choice in the matter of what will work best for one’s close to home living courses of action and their decision of way of life.<a href=”” Target=”_blank”>

</a>Less Maintenance <a href=”” Target=”_blank”>

</a>Owning an extravagance home is unpleasant. As the sole proprietor, one is in charge of all upkeep including painting both inside and out, arranging, snow furrowing, and a wide range of repairs. An apartment suite is additionally a venture, however a great part of the repairs stresses are dispensed with and secured by condominium charges.<a href=”” Target=”_blank”>

</a>This is a gift for the individuals who need to carry on with an anxiety free life. In the event that they are occupied or included in other more vital things, or even not able to physically upkeep an extravagance home all alone, then an apartment suite is the ideal decision.<a href=”” Target=”_blank”>

</a>Great Investment

It used to be before that a solitary family home was a greatly  venture than an apartment suite, and that was only a known truth. However circumstances are different in the apartment suite world and now financial specialists are understanding that needy upon area a condominium can be a surprisingly better venture.

Extravagance homes whether single family or apartment suite can be a rental pay. On the off chance that one buys an apartment suite in an excursion destination, they can lease it out when they’re not there. This has demonstrated to totally buy the condominium when in the right area.

Likewise, the service bills are less. Instead of warming or cooling a whole house one just needs to condition their little territory. Albeit, a few townhouses are three and four rooms and can be up to 2000 square feet or all the more, having a neighbor sharing a divider or two can at present cut down on extravagance home utility expenses. In addition, you’ll here and there have no junk pickup as condominiums commonly have dumpsters for waste accumulation, and they pay for the transfer.

However every single apartment suite is distinctive, so it’s best to ask what costs are incorporated into the cost and townhouse expenses.

More Amenities

Something apartment suites have that solitary family homes don’t generally have is comforts like pools, exercise centers, clubhouses, play areas and games fields. In spite of the fact that there are a few neighborhoods that have them, it is quite often a given with regards to condos.

Furthermore, they are for the most part found in attractive areas. Purchasers will probably be in strolling separation of shopping, eateries, diversion venues and substantially more. Odds are one will never be exhausted living in a townhouse.

In the event that the apartment suites are not situated in a problem area, they are regularly found in an area of single family homes. This is pleasant in light of the fact that the purchaser defeats both universes with a protected, neighborhood feel yet short the finishing duty.

Individual Preference

Thus, as should be obvious there are a few things to consider when picking between an extravagance home or extravagance townhouse, and everything boils down to individual inclination. One thing is for sure, it’s substantially more prone to discover a fresh out of the plastic new apartment suite in one’s value range than a solitary family home with every one of the completions and redesigns they want all at the same cost. Examination shopping is the best wagered, and one ought to remember, single family homes are about upkeep!

Created by the Yorkton Group International and worked by Chandos Construction, these shiny new extravagance townhouses are significantly better than anything in the range. The Bentley Condos are worked in light of the proprietor, knowing they are after a dazzling configuration with the best completes, Smart Home elements, warmed stopping, and vitality effective windows. Living in extravagance was the objective in making these apartment suite homes. Utilizing the best architects to outline them has put them notably better than any others. Anybody living in Edmonton and searching for another home deserves to look at what the complex brings to the table and find out about how they can settle on decisions that will have it well inside their set spending plan.


5 Tips To Attain A Successful Family Life

Family LifeThe family is the micro unit of the larger society. Success in family life is critical to success in the society. As a result, the pursuit of success in family life is something we all should be anxiously engaged in.

Those working to build their own families through marriage spend an awful lot of time, energy and money preparing for their wedding instead of preparing for the marriage. It is more troubling because while busying about their wedding, they think and feel that they are preparing for their marriage. These are two different things. A wonderful wedding do not contribute anything at all to a great marriage which is the only road to a successful family life. For those who are not yet married, efforts in preparing for marriage would pay more dividends if it is employed in learning the purpose, principles and practices of marriage according to the author of the marriage and family life, God the Creator.

There are five key tips that can support your effort in attaining a successful family life namely:

· A firm foundation

· Commitment

· Teamwork

· Respect

· Forgiveness

A Firm Foundation

Just like physical structures such as buildings need a foundation that is firmly established to stand the test of time, windstorms, rains and other natural vicissitudes, a family need a firm foundation to be able to stand and grow and provide the platform for people to attain a successful family life.

For some families, this could be a philosophy they came together and formed and decided to live on as their guiding light. For others, it is religion. For some families, it may be a book. However, from my own experience and with some people I have been acquainted with, the Judeo-Christian Bible and some other scriptures used by The Church of Jesus Christ of Latter-day Saints are where they draw the ideology that cements firmly on the ground their family foundation.

The Bible contains information, ideas and strategies God Himself established which represent a firm foundation for building a family.

Faith in God is one of the foundational elements for joyful relationships.


Raising a family is a tough job. It is fraught with challenges. One of the key attitudes towards raising a family is commitment. Commitment also means dedication, promise, vow, obligation, guarantee, duty, responsibility, etc. This attitude is so important that it seems everything else depends on it. It is not possible to attain success in family life without seeing the creation and sustaining of the family life as your responsibility, an obligation and a cause that you have dedicated the whole of your life to. Failure at the family level rubbishes all other forms of successes we can claim as human beings. A commitment to live and die for your family is the only way to feel and think about your family. It must be total. As you think about starting your own family or as you run the one you have now, one thought should pervade all others – I live and die for this family.


When you have not decided to marry, you are a lone-ranger. But when you get married, you have formed the nucleus of what might become one of the greatest teams in the whole wide world. The word team also means squad, group, unit, etc. The word work also means effort, labour, toil, action, exertion.

A marriage relationship is sustained by a team effort, labour, toil, action and exertion. For many couples, marriage relationship is a competition. It should not be so. To have a successful family life, you should work as a team. Think about a typical soccer team. They win only as they work as a team. Think about the relay race team, they win only when they work as a team.


Respect also means reverence, veneration, high opinion, regard, value deference, admiration, etc. Mutual respect is one of the foundational elements for joyful relationships. Mutual respect is so critical in a marriage relationship that I strongly recommend that if people in a dating relationship could not respect each other totally, that relationship should be cut at the point of realization of disrespect from any of the partners. It is challenging to maintain a state of mind of mutual respect. However, if your desire is to attain a successful family life, you need to learn to respect your spouse and this respect should be mutual.


Forgiving those who wrong you is more relieving than the most powerful pain relieving drug on earth. In our efforts and attempts to build a family which involves marriage – a fusion of two different people – think about what happens during the scientific process of fusion – leading to the bringing into the scheme other lives. The process uses heat and also produces heat in the form of arguments, offences and quarrels. All these are necessary challenges of building the most important purpose of the life on earth – a family life. We offend one another – our spouses and children and parents – during this process.

Those who are married for even a few months can attest to the fact that there is always some form of misunderstanding in the process of building a family life.

The challenges may come from family finance, extended family, neighbours, environmental issues, religion, etc. There myriads of sources for problems on the road to building a family life.

The only known cure for these and other challenges of family life is forgiveness. Being right, logical, emotional and deeply sure about the issues on hand cannot help here. Even the apologies of one or both of the spouses cannot help. The only known panacea is forgiveness.

Forgiveness frees both partners and helps them regain the energy and focus required to continue in the process to work for and achieve success in family life.

At present I am theorizing and practicing advanced forgiveness both in family life and in my dealings with all that I have business with.

Think about it.

Francis Nmeribe works out of Nigeria, West Africa and coaches on early retirement planning, multiple sources of income, relationships and personal development. He is the author of a number of bestsellers including “Retire Early To Wealth & Fame, Dating 101: Principles & Practice, Why When And How To Start A Business While Working Full Time, Sex And Responsibility, etc. Visit his blog [] or contact him through email at and or phone +2348178008112.


Family Medicine And Family Physicians

Family HealthTo become a family physician, men and women go through a four-year degree program, they study in an accredited family medical medicine residency program, and an additional three years of training before becoming board certified. A family physician is your one-stop healthcare expert. They treat everyone in the family and they exam, research, and diagnose medical conditions from head to toe. This type of care is called integrated care where a family doctor devises individualized health plans to treat mom, dad, and children of all ages. Family doctors treat a wide range of health conditions and they can be your primary care physicians at any point in your life. Unlike other specialties, family medicine involves coordinating all types of healthcare issues, from a common cold, pregnancies, to treating an acute or chronic illness.

Family physicians must practice at the highest level of medical care throughout the world. They are required to become re-certified around every six years, through American institutions like The American Board of Family Medicine, The American Academy of Family Physicians or the Accreditation Council for Graduate Medical Education, all of which have reciprocity agreements throughout the globe for family medicine training. A few of the advantages in being seen by a primary care physician, includes the following:

• family doctors have all of your personal and family medical history because they have been treating you for years.

• physicians that have seen generations of family members can help in researching various genetic diseases, like cancer, if it appears more than once in a generation.

• doctors involved in family medicine environments can perform minor surgical procedures without the added cost of seeing a specialist.

• they improve the lives of the underserved in America and abroad.

Research and clinical studies have proven that U.S. and worldwide primary care physicians have been responsible for lowering the world mortality rates in diseases, such as in cardiovascular diseases, cancer, diabetes, low birth weight issues, obesity, and many other illnesses and health conditions. The statistical results associated with the care provided by family physicians, have proven that they help to increase life spans and control diseases from spreading. Their participation in healthcare has reduced healthcare expenditures, they help to lower hospital admissions, emergency room admissions, and they help to reduce surgical costs.

A family doctor focuses on preventive care, community oriented care, global health, plus they diagnose and manage a wide range of health problems to improve the quality of care in local, rural, urban, and large city health. Even if people are generally healthy, patients benefit by keeping a relationship with their primary care physicians. The physicians support individuals to stay healthy through dietary programs, they encourage their patient’s to exercise to stay physically and mentally healthy.

One of the main reasons that family medicine works, is the relationship that patients have with their doctors. This specialized and confidential relationship is great for individuals who feel comfortable in talking about their medical health with their physicians. Physicians around the world, are available to answer their patient’s questions in a way that forms a trusting bond. This bond creates a trusting relationship, whereby patients will listen and follow their healthcare provider’s advice and directions, thus decreasing chances of spreading contagions.

Family medicine is all about treating the whole person, not just their symptoms. A family physician has a profound effect on the physical, mental, environmental, emotional, and spiritual health of each of their patient’s. Physicians with an intimate knowledge of their patients can help introduce the healing power of hope, love, faith, and trust, as life presents challenges that can evoke depression, fear, grief, and anger. Also, if a physician’s patient requires the need to see a specialist, a family doctor will help coordinate your care. Patients can often feel frustrated and confused when they have to manage the healthcare system on their own. With a family healthcare provider on your side, the whole medical care journey is made easier and less frightening of the unknown.

Refugees have always fled to foreign countries, including the U.S. for a chance of better opportunities for themselves and their family. The present global news events are following refugees today, who are fleeing from their native countries for various reasons. Before being accepted for resettlement, all refugees must pass medical screening examinations, which is often performed by primary care physicians. The physicians perform a thorough examination of a variety of health problems that involve the mental and social health of the refugees. The family doctor’s check for infectious diseases, chronic illnesses, the refugee’s overall musculoskeletal system, and parasites, thus providing immunizations. The information that they gather is shared with that country’s main health agency, which in the U.S. Is the Centers for Disease Control and Prevention.

Keller Primary Care Physicians have all of your personal and family medical history because they have been treating you for years.


Next Generation Issues and Solutions For a Family Business

Family BusinessChildren may not automatically want to be part of the family business. Sometimes children who have grown up in the business become bored, uninterested or lack the desire and drive necessary to successfully run the business in the future. They may actually take the business for granted, assuming it will always be there for them. Understanding this going in, a family business can more effectively plan for generational issues in the growth and future of the business.

Preparing the Next Generation

The questions to ask are: Why do children join a family business? What are their motivations?

— To Influence the Family: This can be a good thing or a bad thing, depending on the kid’s underlying motivations. A Family Business should foster a mission which positively influences family members, not provide ammo for the children to attack each other. Positive Influences include:

– Family Education Fund/ Emphasis on Continuing Education

– Foster an Atmosphere of Openness & Learning

– Set good examples for kids to aspire toward

– Ingrain the values of Business Integrity and Ethical Responsibility

– Foster & Promote Civic Duty

– Promote & Support Community Volunteer Work, Projects and Board representation

— To Help the Family Succeed: Success for the Family Business should translate to the success of the Family. Future generations can have better lives, pursue their passions and be happier if part of a cohesive team striving for a better future for the entire family- not just those in the business.

— An Opportunity to Further one’s Career: It isn’t necessary for every family member to remain with the business. Family members should be encouraged to pursue their passions, and the family business can be the proving grounds, the incubator, for family who want to pursue other careers or possible spin off another related business. Often, children find that after working for other companies early in their careers, the Family Business is a great career destination, allowing them to reach their full potential and constructively apply their expertise and experience.

— Like the Family Business: Having a passion for the industry and business the family enterprise occupies is often a major reason why family members join the Company. What also plays into this is the requirement to work outside the Company to gain expertise and experience. When the family member returns to the family business, there is inherent respect for the opportunity given and the successful growth history of their predecessors before them. Having a firm understanding of what makes the family business special and unique creates a strong loyalty and passion for it.

— The Challenge: If family members worked in the family business from a young age, were taught the value of a dollar, went off to college and to work for an outside Company for a several year period, then returning to the family enterprise can be a fantastic challenge to pursue. For this reason, it is important the family business provides qualified family members with a real growth opportunity, a challenge to inspire drive, loyalty and passion in their career maturation.

— Sense of Duty and Responsibility: Some of the older children in the family’s next generations may feel the duty and responsibility to serve their family interests and ensure future succession success of the business. This becomes apparent after the younger children become involved in the Company and sometimes the older child moves onto another career since his or her passion was extinguished by the stress and forbearance of fiduciary responsibility. Or, it is sometimes the older children who spin off a subsidiary or new Company after feeling they have accomplished their role in the Company. It is important to encourage the family’s children to pursue their passions, no matter what industry, and gain outside experience; however, sometimes it is a necessity to have the older child assume responsibilities early on if resources are scarce in the Company’s particular Growth Stage.

— To Make Money: While this is often the number one reason family members join the family business, it is closely followed by the “Liking the Business” category. This relationship certainly makes sense: making money is a major requirement of any career but it is strongly linked to liking what you are doing, the passion factor. A well-prepared family business provides ample growth opportunities for family members to nurture their passion and be well rewarded for it through a competitive Compensation Package.

Considerations when planning and preparing for the next Generation in a Family Business

— When family members are young, have them work on simple jobs on a part-time basis.

– This provides insights into the business, helps them understand the business from the bottom up, gives them a strong work ethic and encourages them to pursue and finish higher education.

— Work for an outside Company after graduating from college to broaden training and background.

– If the family members worked in the lower ranks of the business before and during high school and during the summers in his/her college years, then outside experience can justify moving a family member into a higher position level upon entering back into the business.

— Some tips when preparing for the next generation to join the Company:

– Never allow a family member to work in senior management until that member has worked for someone else for a few years.

– Rotate the family member throughout different positions to cross train, as well as, pinpoint interests and skills.

– Promotions only come when earned, just like everyone else in the Company.

– Devote time every day, preferably over breakfast, for face-to-face mentoring, teaching and training.

– Don’t take business issues and matters back home.

– Reward the family member with responsibility so he or she can learn to manage the business in order to potentially take over or have executive level responsibilities in the future.

– Make sure the family member knows you trust him or her.

– Allow them to make mistakes and fail; give them room to grow and learn. Help them when asked; give them autonomy.

Next Generation Issues and Solutions

Here are some common main generational issues characteristic to family business operations and how to effectively deal with them.

— The Business Owner Who Won’t Delegate: A very common problem in family enterprises is the owner or CEO who can’t let go. Many owners have a strong personal connection to the business which prevents them from allowing next generations to assume more responsibility in the business.

– The second generations are “entrepreneur successors” in training and the business owner patriarch or matriarch should be very careful not to stifle that passion and drive.

– An inherent attitude that an owner’s or founder’s shoes cannot be filled is common in a family business; therefore, it is vitally important to the future continuation of the business for a clear path toward ascendancy for the next generation be established through training, mentoring and delegation of responsibility.

– Best Advice: Hire a Business Consultant to help you work through these issues in order to develop a clear ascendancy plan that is fair, yet, challenging. Establish clear goals and expectations so next generation family members can strive to attain goals and career growth, without stifling their passions and drive. The Business Consultant can bring valuable experience and objectivity to this often controversial issue.

— Next Generation Gaining Acceptance, Respect and Credibility: If a family member has worked from the bottom up during their formative years, gone off to college to earn their business related degree(s) and gained valuable expertise and experience working for an outside firm, give him or her the respect they deserve.

– Next generation members will work hard in the business if they are praised, encouraged and accepted as equals.

– Be careful not to set expectations too high, they should be in line with the family member’s training, education, personality, skills and experience.

– A next generation member should express strong interest in the family business so the family knows of his or her passion, drive and interest level.

– The next generation member should know what their capabilities are and communicate that clearly to the family owner(s).

– A next generation family member should conduct a self-analysis of goals and skills:

* What are my strengths and weaknesses?

* What areas do I need to work on or need help on?

* What other parts of the business do I need to learn about?

* What are my leadership qualities? Are they sufficient?

* What training, mentoring and continuing education do I need to fulfill a leadership role in the family business?

* Am I happy working in the family business?

– Three Stage Training Program for Family members joining the business:

* Stage 1: Initial learning stage to fully understand all the aspects and divisions of the Company: Cross-Training.

* Stage 2: Specialization in a particular skill.

* Stage 3: Become a generalist, learn to manage, motivate and lead. Need to have strong strategic Management Skills.

– The next generation should have mentoring relationships not just with the family founder/ owner/ CEO but also with experienced business people in their industry, preferably one from other family enterprises. Long-term development mentoring support is a vital component in a next generation member’s growth.

– A next generation family member should work outside the family business as this will increase his or her knowledge, experience, confidence, and most importantly, enhance credibility with family and non-family employees alike.

Frank Goley is a business consultant, business turnaround consultant and business coach for ABC Business Consulting. He is an expert in developing, writing and implementing business plans, business funding plans, marketing plans, strategic plans and business turnaround plans. He also offers complete solution business consulting, business turnaround consulting, and web SEO, marketing and development consulting. Frank is author of a business plan book, The Comprehensive Business Plan Workbook – A Step by Step Guide to Effective Business Planning, and he writes the Business Success Strategies Blog.


A Wealth of Family has something to be enjoyed or learned by people

A Wealth of Family” has something to be enjoyed or learned by people from all walks of life, no matter what your gender, socio-economic background or culture. This is a fantastic book. It centers on Brooks upbringing as an adopted black men who wanted to find his roots. I found it difficult to write this review thomas sabo charms sale because his story touched me in so many ways, it was hard for me to narrow down which area I enjoyed the greatest or which part of his life experiences taught me the most. In spite of our differences (gender, race, upbringing) I learned a lot about myself as I read. I admire his ability to see the positive learning experiences that come from experiencing negative situations.
Brooks was raised by a very protective, divorced black woman. They had to struggle financially. He had close extended family in his life and a wonderful male role model. In his youth, he learned that he was adopted. His birth mother was a white woman and his father was an African from Kenya. Brooks developed an interest in finding his birth family so that he could learn about his roots.

Throughout his thomas sabo education, Brooks had to deal with racism and poverty. He experienced racism from his friends and teachers. He attended a predominantly white school. Some of his friends would make racist comments based on ignorance without realizing that their beliefs were wrong. Brooks chose to get his revenge by excelling in academics and athletics. Then he had to deal with black-on-black prejudice by being told that he was “acting white” by his black

Brooks was the first in his family to attend college. This was a whole new learning experience for him. He had to thomas sabo sale deal with the paradox of trying to show everyone that black people can excel at everything and then being accused of being boastful and arrogant when he would succeed.

Author Biokjjk


Why Jamaica Is One of the Best Family Vacation Destinations

Paradise on Earth” could it be? A place that is wondrous, sprawling, and full of splendor and absolute beauty. Truly, it is nothing short of the Caribbean. Jamaica can be considered one of the crown gems, in the crown of Caribbean islands. Jamaica all inclusive resorts, are kissed with bronzed beaches, and luxuriant, tranquil surroundings, truly the islands together sparkle brilliantly, like gems for Caribbean destinations. All inclusive family vacations, can be reasonably priced and attainable.

Jamaica is rich in Caribbean tradition, with cultural heritage, reggae music, and sweeping landscapes. Every picturesque beachfront is a postcard worthy photo, that starts from the soft brown sands, and rises to the crystal blue heavens. All inclusive resorts for families provide, whether newly married, or married with children, a true destination and backdrop of tranquility. When you wake up to the sun peeking over the oceanfront, or the rushing water to your feet as you walk along the beaches, truly Jamaica all inclusive resorts are the place to be.

However, if you are single and looking for a more of an adventurous approach, definitely check out the options for clothing optional beaches. Romance fills the air in the Caribbean, that can make even the least romantic, fall in love all over again. As palm trees sway in the wind, you’re rested, relaxed and enjoying an incredible all inclusive family vacation on a even better budget.

While visiting Jamaica, take advantage of all the amenities all inclusive family vacation packages have to offer, and you will find yourself surrounded by welcoming smiles and a liberating atmosphere. Certain parts of all inclusive family resorts, can be reserved for couples only, such as the new AZUL Sensatori Jamaica located in Negril, Jamaica. Couples only resorts with their quiet surroundings, allows you to fully enjoy and embrace the Caribbean lifestyle without distraction, and become solely captivated by that special person in your life. All inclusive family vacations allow for absolute solitude and refreshment, for the mind, body and tired soul.

If you are more family oriented, Jamaica all inclusive family resorts offer fun recreational centers, water parks, game rooms, to keep all children entertained. Looking at the overall picture, saving money is essential. All inclusive family vacation packages offer you the convenience of a single payment which include but not limited to:

Round-trip airfare from major gateways
Transportation to and from airport to hotel
Mutiple Restaurants, which typically include three meals daily, snacks at one or more buffet and/or a la carte restaurants.
Unlimited soft drinks, cocktails and alcoholic drinks from house brands to premium liqours.
Recreational activities (e.g., pools, spa, fitness centers, golf courses, tennis courts), equipment.
Non-Motorized Watersports (e.g.,kayaking, snorkeling gear, windsurfing) and instruction.
Nightly entertainment, live shows & more
Tips and Gratuities

Family all inclusive vacations allows anyone really, to enjoy the freedom of a great luxurious vacation, without having a large hole in your wallet. Make your “Paradise on Earth” come true and watch return from your all inclusive family vacation refreshed.


Your Food Dehydrator Equals A Family Experience

This title may seem like a stretch of the imagination and at the very least a gross over statement but you will have to admit that todays family is being challenged from a variety of angles. Not the least of these angles would simply be quality time spent together. Family budgets are stretched the max. School and school activities are taking increasing amounts of valuable family time. Mom and Dad have to work more hours in the day just to make ends meet and the family sit down dinner is a concept that seems to have disappeared with the Cleavers. With all of these challenges and more happening every day to Americas families what is a parent to do? This may sound incredibly simplistic but here is one answer to this dilemmapurchase a food dehydrator.

Never before in our countrys history have our children been so far removed from the origins of their food. A recent poll showed that more than 87% of todays urban, American school children have never set foot on a farm. When asked where there milk came from over half of the kids polled said “the supermarket”. You will have to admit this is the rather pathetic outcome of our modern, urban, socio-economic family state. A home, kitchen food dehydrator can be an easy to use and very effective catalyst in this education gap. With a food dehydrator kids can have a literal, safe, hands-on experience with their food. This experience can undoubtedly open up a variety of other avenues to educate them about that specific food source that you may be working with. Food dehydration can be an inexpensive, visual in home or in classroom lesson on where our foods come from, how we get them and even how they, the kids themselves can prepare and eat them. By the way, the nutritional values of these foods that can be dried in a food dehydrator are without question far superior to much of the foods you will find in your supermarket. The various foods that can be dried in a modern food dehydrator range from fruits and vegetables to many different meat varieties.

Remember when we were kids and we played with our easy bake ovens or our creepy crawly ovens. We didnt know it at the time but (maybe our parents did) we were learning to take a simple basic ingredient and transform it into an actual edible muffin or spider. These may have lacked nutritional quality and taste appeal but we didnt carewe were creating and it was fun. This was an experience that we could share with our parents or the neighbor kids living around us. A food dehydrator can be a continuation of that experience. If you are fortunate enough to have a back yard garden, just think how satisfying it could be for you and your kids to take some of those garden goodies that they may have actually planted and turn them into great tasting snacks. You really dont have to have a garden to experience this. Even if you have one tomato vine or a single mint plant growing somewhere around the house you can use your food dehydrator to transform this into a delicious, nutritious eating experience. Family time doesnt have to be about trips to the mall or expensive theme parks. Quality family time, that is, the stuff your kids or grandkids will remember forever can be nothing more than creating tasty, nutritious memories with the help of your food dehydrator. These food dehydrators take up a minimal amount of kitchen counter space. They run at very low heat from 85 to 145 degrees therefore creating a very safe and low wattage cooking environment. Food prep may be as little as slicing the veggie or meat you are about to dehydrate and clean up can take no more than a minute or two.

One of the biggest complaints (if you could call it that) from back yard gardeners is that there is just too much. The bounty of their garden is more than they could ever eat themselves. This abundance is not unusual. It is more often than not, the norm. Once again, as a teaching tool for families and classrooms the food dehydrator could be used as a teaching catalyst to teach your kids how to give back to the less fortunate of society. Take a small portion of that gardens abundance, from tomato slices to kale leaves (which can be dried into a delicious salted, crispy chip) and from apple slices to green pepper rings. All of these can be quickly, easily and cheaply dehydrated, put into a zip lock bag and given to your local Salvation Army or church food kitchen. This family teaching tool and giving experience can be priceless. Not to mention the appreciation and thankfulness of the organization you donate your box of healthy, dehydrated foods to.

Todays modern family is facing a myriad of difficult obstacles which are forcing family members to spend more time apart. It is becoming much harder for our children to experience meaningful, creative, safe and inexpensive food cycle education. A food dehydrator just may be your most effective and wisest kitchen equipment purchase you could ever make. For the amount of money you will spend (most quality dehydrators are selling for between $100 to $175 dollars) the experiences and memories made can be priceless.


Estate Equalization Of The Family Farm Corporation

If you own a family farm corporation in Alberta, you definitely have a very valuable asset in your estate. The family farm corporation probably makes up the bulk of all your assets, and is going to be a huge inheritance for any of your children who plan to take over the farm. What are your plans if you have more than one child, and some do not plan to be farmers?

A family farm corporation in Alberta has special tax laws that make it very advantageous to pass on the farm corporation to a child inheriting the business. The entire asset can be passed onto a child at its original cost base so long as the child inheriting the farm will actively farm it. This means that the many years of capital growth of the farm value are deferred from generation to generation while the land stays in the family. Once land and assets are sold off, there is a capital gains tax on all those many years of capital appreciation.

Making inheritance of the family farm fair for all children

In this article we will look at your options for compensating the non-farming children fairly while the farming child(ren) inherits the business. Ultimately we are recommending an Estate Equalization Strategy using Life Insurance in most cases.

Option 1: make the non-farming child a shareholder

You could make the non-farming child(ren) into equal or partial shareholders of the farm corporation, thereby letting them have a vested interest in the equity of the farm. They would also be eligible for dividends if the farm was to make a profit. If they were given full voting shares then the non-farming children would have considerable influence on the operations of the farm, and could vote on how the business is run. If they were given preferred shares then they would be first in line for dividends from the farm corporation once all expenses had been paid.

The problem with this strategy is that non-farming children inheriting shares in the company tend to muddy the waters of the family farm corporation. The farming child who is investing their sweat equity into the business is in fact working for their siblings. This would be a very similar arrangement to a business partnership where there is a managing partner running the business and investment partners who put up the capital and have little active involvement in running the business day to day. But, in this case, the siblings of the farming child are not investors, they were gifted their equity in the business.

This arrangement could also be coupled with a legal agreement that the farming child has a primary claim on the farm assets and can buy-out the shares of the non-farming children as the years go by. This puts a lot of financial stress on the farming child; often too much stress on the person and the business to make them accept this kind of deal.

Option 2: sell assets to pay-out the non-farming children

Another option would be to plan to downsize the farm, liquidate some of its assets to pay out the non-farming children. This strategy would allow the farming child to have a fully operational business without the influence of siblings or debts/obligations owing them. Often the remaining land and equipment are all paid for, but the size of the farming operation is significantly reduced. Remember, selling land and assets creates a capital gain and there will be significant taxes on this strategy, meaning even more land will have to be sold to realize a targeted net gain.

This is another stressful strategy, as land in Alberta has become very expensive. It would take many years, possibly a lifetime, to rebuild the family farm corporation back to the original size it was before it was broken up. Also, with the huge cost of equipment and input costs, a farm corporation tends to become more profitable once it reaches a certain size or critical mass, and then the risks of losing money year over year go down.

In order to expand the farm to reach its original size, the inheriting child would have to go into significant debt to repurchase land and assets to expand the business.

Option 3: pay the non-farming children off with credit

Here the family farm corporation would borrow money to pay out the non-farming children so that the farming child inheriting the business would own it free and clear of their interest. Again, this saddles the farming child inheriting the family farm corporation with significant debt to be repaid, squeezing his/her annual profits and limiting the ability to grow the business.

Option 4: non-farming children will not get much

In this strategy, the parents who own the farm let their non-farming children loose into the world and there is no inheritance from the farm unless they return to actively farm the land. This just does not sound fair. A child who likes farming stands to inherit a multi-million dollar asset while non-farming children get nothing (or very little in comparison).

This situation leads to family feuds, contested wills, and some of the ugliest legal fights you could image. Families are regularly torn apart over money, and the damage to relationships is often irreparable. Think long and hard about leaving non-farming children out of the will as it pertains to the farm corporation. It would even be a good idea to discuss the matter with adult children who are not planning on taking over the business. What do they think is fair, and what would they expect as inheritance from the estate?

Option 5: use life insurance to equalize the estate

When using life insurance to create an Estate Equalization Strategy, the family farm corporation can budget the expense during the life of the farming parents for the ultimate inheritance of the non-farming children. It would be best to have a family discussion about what a “fair” inheritance for non-farming children would be. Fair does not mean equal division of the farm between all children. The farming child who will inherit and run the farm corporation has already invested years of sweat equity into helping out running the farm, and he/she is taking on all the risk that a farm business brings.

When there is some kind of agreement on what a fair inheritance for non-farming children would be, a life insurance plan can be designed to meet that need. The life insurance could be a level amount of death benefit or a growing amount of coverage to keep up with inflation. The benefits of a life insurance policy are that it can be easily budgeted for during your life, as it costs only pennies on the dollar per year to own the insurance coverage. The final death benefit is a tax free payment to the family farm corporation, which in turn can be paid out to beneficiaries tax free.

If you have never before looked at using permanent life insurance to equalize your estate, you should definitely take a closer look. There is no more cost effective way to create large amounts of tax free cash for you family farm corporation, allowing the farming child to buy-out the interest(s) of non-farming siblings and not have to liquidate assets or go into further debt.