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A couple are looking at a photo book, as they clear up the home of a family member. They're also at the stage of wondering the next steps, including who will pay for the mortgage

Estate Planning

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...

Is the family responsible to pay the mortgage for a loved one who has passed away?
A woman sitting at her laptop gazes upward, deep in thought.

Ask a Planner

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?

How capital gains tax on property is divided in a divorce
A woman in her 50s-60s is looking to transfer the funds of a LIRA to an RRSP with no contribution room in Ontario on her iPad.

Ask a Planner

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...

Can a LIRA be transferred to an RRSP with no contribution room in Ontario?
To show family co-ownership of a house, a mother and her adult daughter are cooking together in their kitchen

Ask MoneySense

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.

Co-ownership: Are there any tax implications if you sell part of your house to a relative?

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A couple is enjoying early retirement due to COVID, as they sit in the warmth of the sun at their cottage. They are cozy in camping chairs, facing a calm pond.

Retired Money

Does it make sense to retire when we’re still in a pandemic?

The COVID-19 pandemic has been life-changing for those over 60, and not just because of the risk of illness....

Does it make sense to retire when we’re still in a pandemic?
A man sits outside near hedges, contemplating transferring his home to his daughter's name

Ask a Planner

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...

Should you transfer property to a child and then rent it from them?
A woman is sitting in a lawyer's office reading a power of attorney document, and she is wondering what the fees are for a POA in Ontario.

Ask a Planner

Are fees payable for acting as a power of attorney?

Can you be paid for a role as an attorney for property, in particular, after the position has already...

Are fees payable for acting as a power of attorney?
A Quebec flag on a pole is seen blowing in the wind

Investing

Making sense of the markets this week: July 17

Inflation and interest rates control the market mood; PepsiCo and U.S. banks kick off earnings season; and is Quebec...

Making sense of the markets this week: July 17

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Russell Peters smiles wearing a hat. He chats with MoneySense about investing in real estate.

Investing

What’s Russell Peters doing now? Investing, and it’s a laugh

We all learned about our money during the lockdowns, and so did comedian Russell Peters. He sits down with...

What’s Russell Peters doing now? Investing, and it’s a laugh

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