Ask a Planner

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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“Our parents just passed—What do we do about their estate?”

Two siblings’ complex inheritance provides a case study in minimizing death taxes.

Estate Planning

Dating dilemma: When to talk about finances

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Estate Planning

Three reasons to have a will and estate plan

Creating a will and estate plan may not be the most romantic gesture, but it’s an essential demonstration of...

Estate Planning

How to avoid or reduce probate fees in Ontario

Read about the practical strategies to reduce or avoid probate fees in Ontario, and ensure a smoother transfer of...

Vacation Homes

Family legacy: How to pass along the family cottage—and 3 things to avoid

Discover key strategies from estate planning lawyer Peter Lillico on preserving your family’s cherished cottage for generations to come.

Ask MoneySense

How to avoid probate fees in Canada

Avoiding probate fees in Canada involves implementing strategies such as using beneficiary designations, joint ownership, and establishing trusts to...

Ask MoneySense

When does the role of power of attorney end—and estate trustee begin?

There are various roles for estate planning, including the POA and the estate trustee. Find out the difference between...