Financial gifts: What you need to know before giving money or investments
Whether you're giving to a family member or a cause you believe in, these considerations will help ensure your...
family finances
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....
How to invest with spousal loans for Canadians—and how to pay it back
There is plenty of advice on setting up a spousal loan for income splitting, but it’s important to know...
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...
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How capital gains tax on property is divided in a divorce
When a couple separates, how does owning, transferring and dividing multiple properties affect capital gains?
Do I really need life insurance?
Purchasing a life insurance policy is considered good planning and, for some, the pinnacle of “adulting.” Here’s how to...
Term life insurance for couples—should you apply jointly?
Protect each other (and your kids) from financial hardship by applying jointly for life insurance for couples.
Should you loan money to someone who is house rich and cash poor?
Loaning money to someone who is house rich and cash poor requires some consideration. Even when it involves family....
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How does a spousal RRSP withdrawal work?
Who can claim an RRSP withdrawal as income—the contributor or the spouse—and when it’s best to take any money...