Inheritance Archives

Putting an inheritance into a joint account may seem simple, but tax and attribution rules can affect who reports...

Leaving a TFSA to a U.S. spouse can trigger complex IRS reporting and costly tax issues. Here’s why some...

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

A MoneySense reader has limited retirement income, a paid-off condo, and anticipates a substantial inheritance from her mother. How...

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

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

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

It matters how you designate a spouse on your TFSA should you die before they do. Successor holders get...

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