Can you hire someone to be power of attorney for property in Canada?
Here are the considerations before becoming a power of attorney for property and what to do if you’re unable...
Estate Planning
Can you decline or step down as power of attorney in Canada?
Power of attorney compensation can be high, but the role can be a lot of work. Here’s what happens...
Do retirees need life insurance?
A Certified Financial Planner looks at the different strategies to ask your own advisor: Is life insurance the answer?
How to stop procrastinating and cross two major money moves off your list
In this excerpt from Wealthier, authors Daniel R. Solin and Mark McGrath offer practical tips on estate and financial...
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Embracing the Swedish death cleaning trend
Swedish death cleaning is catching on in Canada. Learn how it can help you save money, simplify estate planning...
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...
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...
How does a spouse’s death impact your TFSA contribution room?
A tax-free savings account inherited from a spouse is subject to special treatment. Here’s how it may impact the...
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Should you take extra RRIF withdrawals to increase your estate?
Contrary to the conventional advice, taking more than the minimum RRIF withdrawal can at times save tax on your...