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Inheritance

A woman takes notes while discussing inheritance rules with an advisor on the phone

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When does the “plus 1” rule apply to a principal residence? 

There are tax implications to inheriting a second property. But in certain circumstances, you can have two principal residences...

When does the “plus 1” rule apply to a principal residence? 
A man standing in a field considers whether he needs life insurance, while holding his young daughter in his arms

Life Insurance

5 reasons to buy life insurance—right now

An effective financial plan goes beyond saving and investing. Life insurance can also be a key element in achieving...

5 reasons to buy life insurance—right now
A 70-year-old woman sitting back reading a book

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Do RRIF beneficiaries pay tax?

Is it possible to avoid tax as a RRIF beneficiary? Find out if timing could be an issue, as...

Do RRIF beneficiaries pay tax?

Financial Planning

Video: How to split an inheritance

MoneySense expert Bruce Sellery answers viewer questions about splitting an inheritance and getting started in the stock market.

Video: How to split an inheritance

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Should you sell your home to your kids?

Graham is considering a creative strategy to access his home equity with the help of his grown children. The...

Should you sell your home to your kids?

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How should I invest a $60,000 inheritance?

Investing a large sum of money can be daunting. Here are some things you need to consider

How should I invest a $60,000 inheritance?
inheritance

Bonds

An investment strategy for a six-figure inheritance

Is David on the right track with his DIY investment plan?

An investment strategy for a six-figure inheritance

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How to invest a $50,000 inheritance

Here's the best thing to do with a windfall right now

How to invest a $50,000 inheritance

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tax questions

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So, your child is going to inherit millions

What can Brian do to make sure the right people are there to guide his daughter?

So, your child is going to inherit millions

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