What are the tax consequences of real estate joint ownership when one owner dies?
It can get complicated, especially if the surviving owner resides overseas—where that country's tax laws may apply as well.
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Are single seniors unfairly penalized at tax time?
Karen wonders if her latest tax bill is too high, and whether there's a way to avoid the social...
How is a RRIF taxed in the hands of a beneficiary?
The consequences of taxes and beneficiary designations on registered accounts like RRIFs can be confusing—and sometimes this confusion results...
Reality-testing your financial plan
John's advisor seems impressive, but he's left out an important consideration: What kind of lifestyle does his client want...
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What to do with an extra $70,000 to fund retirement
My 79-year-old mother has received a monetary gift. What’s the best way for her to use it to supplement...
“Canadians need trusted financial information now more than ever”
Financial Planning Association of Canada partners with MoneySense to offer professionally vetted, timely personal finance content to the broadest...
How can a Hyundai owner prove maintenance was performed on schedule?
Without records of his DIY oil changes, NJ worries he may not qualify for a significant recall. What's his...
Is probate an inevitable cost for a surviving spouse?
Sandra and her husband have lived in their principal residence for 40 years, but his is the only name...
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“How do I become a money coach in Canada?”
Although regulatory requirements in most provinces permit you to provide financial advice or coaching with no education or experience,...