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Estate Planning

Three generations of women sitting together and smiling

Retirement

Canadians fear a tougher road to retirement—and plan to help their kids along the way

Most Canadians say saving for retirement will be harder than it was for their parents, with many expecting to...

Canadians fear a tougher road to retirement—and plan to help their kids along the way
Yellow bungalow house

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How to ensure your kids can keep your house when you die

A MoneySense reader wants to pre-fund the ongoing expenses for her house to make it easier for her kids...

How to ensure your kids can keep your house when you die

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What’s more important: your wealth or your legacy?

Different retirement income strategies using registered accounts produce different outcomes. You must pick your priorities.

What’s more important: your wealth or your legacy?

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Taxes halved their inheritance. Could anything be done?

Ontario heirs face a huge tax bill after their parents’ deaths—highlighting the importance of planning ahead to reduce taxes...

Taxes halved their inheritance. Could anything be done?

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Retirement

How to plan for old age when you don’t have kids

More and more Canadians are entering their golden years without grown children to help out should they lose their...

How to plan for old age when you don’t have kids

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“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...

“I inherited my husband’s TFSA. Does that affect my contribution room?”
A Canadian DIY investor is wondering if they should hire a planner.

Financial Planning

Do you need a planner if you’re a DIY investor?

The hidden costs of doing it alone: Why Canadian DIY investors should consider guidance from a professional planner.

Do you need a planner if you’re a DIY investor?
A senior-aged woman and her daughter chat on a park bench

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Is real estate the best investment for a Canadian retiree?

I had three meetings this past week with Canadian clients where I challenged their real estate strategies. Here’s why.

Is real estate the best investment for a Canadian retiree?

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Seniors estate planning

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Should I draw down my RRIF to avoid estate taxes?

Yes, your estate will pay a high rate of tax on your RRIF when you die. But it usually...

Should I draw down my RRIF to avoid estate taxes?

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