Don’t squander your legacy
Proper inheritance planning is crucial to ensure a smooth wealth transfer to the next generation. Here are three essential...
Estate Planning
CPP payment dates this year, and more to know about the Canada Pension Plan
Here’s how Canada’s retirement pension plan works, who’s eligible for CPP, when you can start receiving CPP, and CPP...
Tax implications of adding a child’s name to your rental property
To fully understand the potential tax outcomes, consider legal versus beneficial ownership, the capital gains inclusion rate, changes to...
Why a reverse mortgage should be a last resort for most Canadian retirees
Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...
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A parents’ guide to home down payment gifts and loans
Many parents loan or gift money to their adult children for real estate purchases. Here are the legal and...
Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...
Why these authors want you to spend your money and die with $0 saved
According to the book Die with Zero, we should all run out of money just as we run out...
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Selling a cottage to a family member: What that means for capital gains
If the property was bought before 1994, there may already have a $100,000 capital gains deduction.