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Renée Sylvestre-Williams smiles in a headshot of her taken on a beautiful fall day near some trees.

My MoneySense

The piece of advice journalist Renée Sylvestre-Williams wished she had in her 20s and more

The personal finance writer is an open book on her money values, as she launches her own book, Money...

The piece of advice journalist Renée Sylvestre-Williams wished she had in her 20s and more
A hallway's exit sign that illustrates a home buyer's decision to break out of a real estate deal

Real Estate

What happens when a buyer backs out of a real estate deal?

Signing a purchase agreement and then failing to close can have serious financial consequences—and courts don’t take it lightly....

What happens when a buyer backs out of a real estate deal?
A monopoly game is in session, symbolising how a couple could owe each other money with spousal loan strategy.

Ask a Planner

How to invest with spousal loans for Canadians—and how to pay it back

There is plenty of advice on setting up a spousal loan for income splitting, but it’s important to know...

How to invest with spousal loans for Canadians—and how to pay it back
To symbolize a split estate, a matriarch is seated at the head of the table with her family grabbing seats at both sides.

Ask a Planner

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...

Do you have to split your estate evenly between your children?
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?
A dog stands in the middle of a neighbourhood road at sunrise

Real Estate

Why now might be a good time to be a first-time home buyer in Alberta

Alberta is an attractive place to buy a first home. We look at what first-time buyers can expect in...

Why now might be a good time to be a first-time home buyer in Alberta