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Someone close to you has asked you to be the executor of his or her estate. It may seem like an honour, but here’s why the job may send you to the proverbial early grave.
It’s always shocking to hear that a wealthy celebrity has died and left no will. A star-studded example of an all too common problem: too many Canadians are dying without a will, leaving children, heirs and assets in limbo.
With tuition fees climbing higher and higher, RESPs can be a good way to maximize savings for postsecondary education. But, do you know which plan is right for your family?
The death of a partner can unleash a multitude of financial responsibilities for the surviving spouse. Here are some tips to help.
But what about keeping the cottage in the family? The cottage gift can become a financial punishment. Without some planning, leaving the cottage to your kids could mean also leaving them with a giant tax bill. TD’s Ian Lebane offers tax strategies.