Market outlook: Stock prices have started rising—will the good vibes last?
July 2022 was the best month to be invested since the pandemic began. Here’s what this means for investors,...
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Do you have to split your estate evenly between your children?
Courts in some provinces can vary the distribution of an estate and override a last will and testament. Here’s...
Does it make sense to use a line of credit to pay off credit card debt?
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Is the family responsible to pay the mortgage for a loved one who has passed away?
When a home owner dies with money owing on the property, the type of ownership determines who is accountable...
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How capital gains tax on property is divided in a divorce
When a couple separates, how does owning, transferring and dividing multiple properties affect capital gains?
Can a LIRA be transferred to an RRSP with no contribution room in Ontario?
Moving money from a LIRA or LIF to an RRSP or RRIF can have benefits. Here’s what to consider...
Co-ownership: Are there any tax implications if you sell part of your house to a relative?
A finance expert addresses capital gains taxes, possible tax credits, and other factors related to co-ownership of a home.
Should you transfer property to a child and then rent it from them?
Satyesh is considering transferring his home to his daughter and then renting it back from her. What are the...
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Bear markets: What’s a long-term investor supposed to do right now?
As we continue our way out of the pandemic, with inflation and dramatic market fluctuations, what is a long-term...