Who to name as executor when family members aren’t an option
It’s not always possible or beneficial to name a family member or close friend as executor in your will....
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Are spousal and child support payments taxable?
Spousal and child support payments are taxed differently. And lump-sum payments may come with their own tax implications.
What is the CPP Survivor’s Pension? How can Canadians claim this benefit?
When a spouse loses their partner, benefits are available to them through the government, such as the CPP Survivor’s...
Can an executor borrow money to cover probate costs?
Executors have a few options when the estate has outstanding bills and no cash to cover probate fees. Find...
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The tax implications of working abroad for residents and non-residents of Canada
What taxes do you owe when working in another country if you’re a resident of Canada or have significant...
How to use income ETFs for retirement income
Are income ETFs the right choice for retirees? And should you place them in a life income fund that...
When does the “plus 1” rule apply to a principal residence?
There are tax implications to inheriting a second property. But in certain circumstances, you can have two principal residences...
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What can I hold in an FHSA?
When the first home savings account opens later this year, investors will have many options to grow their savings...