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Inheritance

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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?
Older couple having a discussion with a younger man over paperwork.

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Should you sell stocks you inherit?

Inheriting stocks? Learn the tax rules, when to sell, and how to decide if keeping inherited investments makes sense...

Should you sell stocks you inherit?
A real estate sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021.

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Helping your kids buy a home? Why a cash gift may be safer than co-signing

A cash gift or early inheritance can help your kids buy a home safely, avoiding the risks and financial...

Helping your kids buy a home? Why a cash gift may be safer than co-signing

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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?”

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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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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...

How is a non-registered account taxed upon death?

Estate Planning

Inheritances can strain sibling relationships—how to make estate planning smoother

Communication is key to ensuring an inheritance doesn’t cause friction between siblings. Follow these tips to avoid conflicts in...

Inheritances can strain sibling relationships—how to make estate planning smoother

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Should you invest an inheritance in an RRSP or a TFSA?

A Certified Financial Planner provides perspective on the TFSA vs. RRSP question for a couple in their late 50s...

Should you invest an inheritance in an RRSP or a TFSA?

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Estate Planning

Don’t squander your legacy

Proper inheritance planning is crucial to ensure a smooth wealth transfer to the next generation. Here are three essential...

Don’t squander your legacy

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