Can you hire someone to be power of attorney for property in Canada?
Here are the considerations before becoming a power of attorney for property and what to do if you’re unable...
Estate Planning
Can you decline or step down as power of attorney in Canada?
Power of attorney compensation can be high, but the role can be a lot of work. Here’s what happens...
Do retirees need life insurance?
A Certified Financial Planner looks at the different strategies to ask your own advisor: Is life insurance the answer?
Tax and estate planning for joint accounts
Many Canadians have questions about how accounts are transferred upon death. Here’s how it works when assets are held...
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How to stop procrastinating and cross two major money moves off your list
In this excerpt from Wealthier, authors Daniel R. Solin and Mark McGrath offer practical tips on estate and financial...
Embracing the Swedish death cleaning trend
Swedish death cleaning is catching on in Canada. Learn how it can help you save money, simplify estate planning...
What Canada’s deferred capital gains tax change means for your taxes
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes...
How is a non-registered account taxed upon death?
Here’s a primer for Canadians planning for the tax payable on a non-registered account at death, including capital gains...
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Moving money from RRSPs, RRIFs and TFSAs in retirement
To have liquidity and reduce taxes, Canadians can move money between registered accounts. But what are the tax, contribution...