“I inherited my husband’s TFSA. Does that affect my contribution room?”
It matters how you designate a spouse on your TFSA should you die before they do. Successor holders get...
beneficiaries
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...
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...
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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How does a spouse’s death impact your TFSA contribution room?
A tax-free savings account inherited from a spouse is subject to special treatment. Here’s how it may impact the...
What happens to a RRIF when the account owner dies?
Find out if a RRIF goes to the beneficiaries or spouse when the holder of this registered account passes...
When and how to transfer an RESP for grandchildren
Grandparents, relatives and even family friends can open an RESP account. What should they consider from an estate planning...
Cross-border estate planning: What should Canadian parents with U.S. beneficiaries do?
The transfer of Canadian estates to U.S. beneficiaries comes with various legal, tax and financial implications. Learn about the...
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“Our parents just passed—What do we do about their estate?”
Two siblings’ complex inheritance provides a case study in minimizing death taxes.