Managing finances for Canadians that choose to emigrate from Canada requires a lot of careful planning. In most cases, leaving Canada for another country is a choice you make and you'll have the time to plan ahead.

This often isn't the case if you're a NBA, NHL or MLB player because you could suit up for the Senators on Wednesday and be traded to the Sabres on Thursday.

This week I wrote about the benefits of keeping your planning simple as a professional athlete in Canada.

Bird’s Eye Wealth Planners | The Benefits of Keeping Your Financial Affairs Simple as a Pro Athlete in Canada
Below, we’ll explore why keeping your financial affairs simple is beneficial and highlight potential risks, such as high cash-value insurance policies failing exemption tests.