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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] The essential guide to inheritance planning Neglecting to plan your inheritance is a bit like leaving your garden unattended for a few seasons. What starts...
[ad_1] 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...
[ad_1] The basics: U.S. estate tax for non-residents The U.S. imposes estate taxes on the worldwide estates of its citizens and residents. However, as a Canadian...
[ad_1] Many non-financial assets depreciate in value. Cars, furniture and other such assets tend to be worth less over time, and they are generally not subject...
[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] 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....
[ad_1] 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....
[ad_1] 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...
[ad_1] The U.S. is approaching “peak 65.” Are you ready for it? The number of people who turn 65 every day will peak in 2024, and...