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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...

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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You have to sell a cemetery plot—will you owe capital gains tax?

Cemetery plots in some big Canadian cities can be worth $50,000 or more. Their sale or deemed disposition may...

Estate Planning

How executors get paid in Canada

Understanding the tax implications, benefits and pitfalls of executor compensation.

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How much is capital gains tax in Canada?—and other reader questions answered

Last month’s federal budget introduced changes to capital gains tax in Canada. This has raised many questions about who...

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Can transferring ownership of a house help avoid probate tax?

Transferring ownership of a house while parents are still living can significantly affect probate tax, but there are other...

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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.

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Should you buy life insurance to pay for tax owed upon death?

When you die, capital gains tax might apply to some of your assets. Can life insurance help shelter your...

Estate Planning

Dating dilemma: When to talk about finances

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