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Inheritance

Ask a Planner

Should you invest an inheritance in an RRSP or a TFSA?

A Certified Financial Planner provides perspective on the TFSA vs. RRSP question for a couple in their late 50s...

Should you invest an inheritance in an RRSP or a TFSA?
Multi-generational family poses for selfie

Estate Planning

Don’t squander your legacy

Proper inheritance planning is crucial to ensure a smooth wealth transfer to the next generation. Here are three essential...

Don’t squander your legacy

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 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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Intergenerational couples celebrate outside family home

Ask MoneySense

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?
Grieving family gathers around computer to sort through their parents' estate

Ask a Planner

“Our parents just passed—What do we do about their estate?”

Two siblings’ complex inheritance provides a case study in minimizing death taxes.

“Our parents just passed—What do we do about their estate?”
A retired couple speak with an accountant about the tax implications of their inherited property

Ask a Planner

How to calculate the adjusted cost base of inherited property

What happens if you inherit a property and have no record of its value at that time? How can...

How to calculate the adjusted cost base of inherited property
Father with adult children, toasting during good times. The father is happy as he's taken care of his estate and avoided probate fees in Ontario.

Estate Planning

How to avoid or reduce probate fees in Ontario

Read about the practical strategies to reduce or avoid probate fees in Ontario, and ensure a smoother transfer of...

How to avoid or reduce probate fees in Ontario

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family at the cottage, with its future generation of owners

Vacation Homes

Family legacy: How to pass along the family cottage—and 3 things to avoid

Discover key strategies from estate planning lawyer Peter Lillico on preserving your family’s cherished cottage for generations to come.

Family legacy: How to pass along the family cottage—and 3 things to avoid

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