Can I leave a house to minor children?
When preparing your estate plan, does it make sense to leave property to minor-aged children?
Estate Planning
Can you avoid probate taxes on TFSAs?
Find out how to shield TFSAs from probate taxes, when no beneficiary or successor has been named for the...
How to leave money to your grandkids
If you’re a grandparent and want to leave money to your grandchildren, here are tips on how best to...
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?
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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...
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...
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....
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Capital gains, taxes and more: The implications of inheriting real estate
There are tax, estate and other implications when inheriting real estate, even from family.