Estate Planning

A man with a wedding band is meeting with a lawyer to go over will documents.

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Can you avoid probate taxes on TFSAs?

Find out how to shield TFSAs from probate taxes, when no beneficiary or successor has been named for the...

Can you avoid probate taxes on TFSAs?
A grandmother hugs her grandchild in the early morning

Estate Planning

How to leave money to your grandkids

If you’re a grandparent and want to leave money to your grandchildren, here are tips on how best to...

How to leave money to your grandkids
An adult man, acting as power of attorney, hugs his senior mom. He's wondering about gifting her assets while she's in a home.

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Gifting a parent’s assets using a power of attorney

As power of attorney, does it make sense to divide up a parent’s assets before their death?

Gifting a parent’s assets using a power of attorney
To symbolize a split estate, a matriarch is seated at the head of the table with her family grabbing seats at both sides.

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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?

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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 in her 80s is sitting on her couch at home, removing her glasses, as she is thinking about selling her home or get a reverse mortgage.

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Should I sell and rent or get a reverse mortgage?

What to consider before selling your home or getting a reverse mortgage. The math reveals the real costs for...

Should I sell and rent or get a reverse mortgage?
A young man leans forward on a couch to pet his dog.

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What are the taxes on transferring real estate to your kids?

Joan and her partner own the condo her son lives in, but they want to transfer ownership to him....

What are the taxes on transferring real estate to your kids?
An older woman sits in a chair by the window, sketching with a pencil and paper.

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Capital gains, taxes and more: The implications of inheriting real estate

There are tax, estate and other implications when inheriting real estate, even from family.

Capital gains, taxes and more: The implications of inheriting real estate

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Hello name stickers alongside markers, to symbolize a beneficiary deciding on the name to write down

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Is a name change on a will a game-changer?

Creating a will is a good thing to do. It dots the Is and crosses the Ts. But what...

Is a name change on a will a game-changer?

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