Canada does not have estate taxes. However, the provinces in Canada levy probate taxes. Canadian probate taxes are narrower in application than U.S. estate tax. 1 For example, Ontario probate taxes ...
Non-registered accounts held individually can lead to frozen funds and probate fees. Learn how joint accounts can protect your family’s finances. Losing a spouse is devastating. Losing access to the ...
A MoneySense reader asks what tax and probate implications she might face if she inherits a rental property held only in her husband’s name. It is unclear why the rental property is just in your ...
My husband has a rental property in his name only. It was our primary residence for 9 years but we moved out 10 years ago. How can he transfer it to me after his death so I do not pay capital gain or ...