In general, there are three potential outcomes when a TFSA accountholder dies, depending on the preparations made
The exemption threshold has doubled, but paperwork is still required
O’Sullivan Estate Lawyers, RBC Wealth Management both honoured
Pet owners are showing more interest in making provisions for their furry friends
IIROC and MFDA advisors could lose their licence if they act as an executor and/or beneficiary
Reps of the government agency fielded queries about taxation and cross-border issues at STEP roundtable
Firm aims to broaden offering with estate, trust and power of attorney services
The provincial budget proposes to eliminate estate administration tax on estates valued under $50,000
Decision may encourage more frequent use of these clauses in wills, estate practitioners say
Advisors who ignore this emerging pool of wealth do so at their own peril