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[ad_1] If the RRIF is not set up this way, there will be immediate tax consequences, and the estate wishes of your husband may not play...
[ad_1] Gifting some or all of a rental property The act of adding a name to a property itself does not give rise to capital gains...
[ad_1] Die Broke is the book where I first encountered the colourful quip about how the last cheque you write should be to your undertaker, and...
[ad_1] RESP contributions grow tax-deferred and are eligible for government grants and bonds. Withdrawals are partially taxable and partially tax-free. The taxable portion can be taxed...
[ad_1] Withdrawing from an RRSP before age 70 Are you thinking you’d like to withdraw everything from your RRSP before starting your OAS or age 70?...
[ad_1] What is an executor? An executor is a person named in your will who will be responsible, after you die, for making sure that your assets are...
[ad_1] Capital gains tax, Nazim, might apply to some of your assets. If you own non-registered stocks or a rental property, for example, they might be...
[ad_1] There’s often a stigma around discussing money, but I’ve found it really helpful to have these conversations early and often. My husband and I have...
[ad_1] 1. The gift of security Love also means security. Yet, surprisingly, half of Canadians don’t have a will, according to a 2023 Angus Reid poll....