Tontines in Canada: Moving from theory to practice as a solution to our retirement crisis
You may be hearing about new products that sound like tontines, even if they’re not called tontines. Here’s why....
Estate Planning
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?
Can you gift a farm to your kids to avoid taxes?
The idea to gift property to a family member for a dollar to avoid tax is a common one....
Should you buy real estate through a corporation?
It can make sense to purchase rental or vacation properties through a corporation, but often it's simpler—and less risky...
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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...
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...
Are fees payable for acting as a power of attorney?
Can you be paid for a role as an attorney for property, in particular, after the position has already...
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...
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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....