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Estate Planning

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A parents’ guide to home down payment gifts and loans

Many parents loan or gift money to their adult children for real estate purchases. Here are the legal and...

A parents’ guide to home down payment gifts and loans
Two empty Muskoka chairs on a deck, to inspire the contrast of the perks of a cottage in Canada and the financial implications.

Real Estate

Yes, a cottage is an investment property—here’s how to minimize capital gains tax

Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...

Yes, a cottage is an investment property—here’s how to minimize capital gains tax

Retired Money

Why these authors want you to spend your money and die with $0 saved

According to the book Die with Zero, we should all run out of money just as we run out...

Why these authors want you to spend your money and die with $0 saved
A man sits in the grass with this grandson, who is drinking from a cup

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When and how to transfer an RESP for grandchildren

Grandparents, relatives and even family friends can open an RESP account. What should they consider from an estate planning...

When and how to transfer an RESP for grandchildren

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A retired couple sit with a cup of coffee

Estate Planning

Cross-border estate planning: What should Canadian parents with U.S. beneficiaries do?

The transfer of Canadian estates to U.S. beneficiaries comes with various legal, tax and financial implications. Learn about the...

Cross-border estate planning: What should Canadian parents with U.S. beneficiaries do?

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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...

You have to sell a cemetery plot—will you owe capital gains tax?
Executor discusses terms of will with survivors

Estate Planning

How executors get paid in Canada

Understanding the tax implications, benefits and pitfalls of executor compensation.

How executors get paid in Canada
Agents discuss sale of vacation home

Ask a Planner

How much is capital gains tax in Canada?—and other reader questions answered

Last month’s federal budget introduced changes to capital gains tax in Canada. This has raised many questions about who...

How much is capital gains tax in Canada?—and other reader questions answered

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Intergenerational couples celebrate outside family home

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Can transferring ownership of a house help avoid probate tax?

Transferring ownership of a house while parents are still living can significantly affect probate tax, but there are other...

Can transferring ownership of a house help avoid probate tax?

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