TFSAs are not always as simple as they look, and it is wise to review the rules regarding which heirs are entitled to continue holding the assets tax-free — and which are not
Estate tax issue could cause quite a few headaches
There are different tax implications for both courses of action, but the decision depends primarily on your client’s choice
40% do not have an estate plan
Teams up with Benefaction to offer clients charitable-giving investment solutions
Only an estimated 25% of Canadians have Tax Free Savings Accounts and most are over 65
Advisors can help clients manage their overall debt
Although some consider the role of an executor to be an honour, it can be an onerous responsibility fraught with legal liabilities
$1 trillion transfer of wealth is expected to take place in Canada over the next 20 years