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Tag: last will and testament

Adding names to a cottage deed could result in big tax bills

Adding names to a cottage deed could result in big tax bills

July 31, 2024July 31, 2024 · Finance

You mention that the cottage deed is in your name only right now. That suggests that it was either in your name all along or that the cottage…

Read more Adding names to a cottage deed could result in big tax bills
Three reasons why a will and estate plan mean true love – MoneySense

Three reasons why a will and estate plan mean true love – MoneySense

February 6, 2024February 6, 2024 · Finance

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. Having a one…

Read more Three reasons why a will and estate plan mean true love – MoneySense
How to avoid or reduce probate fees in Ontario – MoneySense

How to avoid or reduce probate fees in Ontario – MoneySense

December 15, 2023December 15, 2023 · Finance

What is Estate Administration Tax in Ontario? Estate Administration Tax, commonly known as probate fees, is a mandatory tax imposed by the Ontario provincial government. It is placed…

Read more How to avoid or reduce probate fees in Ontario – MoneySense
Family legacy: How to pass along the family cottage—and 3 things to avoid – MoneySense

Family legacy: How to pass along the family cottage—and 3 things to avoid – MoneySense

November 21, 2023November 21, 2023 · Finance

There’s no one-size-fits-all solution. “Planning has a lot of moving pieces, and it’s very important to get it right, and it’s very easy to get wrong,” says Peter…

Read more Family legacy: How to pass along the family cottage—and 3 things to avoid – MoneySense
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