Frank can avoid probate on his RRIF and TFSA by listing his two children as 50/50 beneficiaries, Rempel said. “His estate ...

Real estate can quietly generate one of the largest tax bills most people ever face, because the IRS treats profit on ...

Explore the nuances of Capital Gains Tax vs Income Tax, their impact on financial planning, investment strategies, and ...

If a parent passes away leaving gold in a bank locker, heirs often struggle with proof of ownership and how to move or sell ...

A MoneySense reader wants to pre-fund the ongoing expenses for her house to make it easier for her kids to keep it when she ...

Married couples often assume shared finances mean mutual decisions, but as one reader’s question shows, that’s not always how ...

Learn about the ongoing multi-trillion dollar U.S. wealth transfer and how you as a benefactor or heir can make the most of it through estate planning.

Among the “top financial fears” of Americans, a survey by WalletHub found that 35% of respondents said an unplanned emergency ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Kathleen Elkins Every time Kathleen publishes a story, you’ll get an alert straight to your ...

Take our capital gains tax quiz to test your investment taxes knowledge. Learn about loss rules, holding periods, and tax ...

A constitutional amendment blocking future taxes on realized and unrealized capital could raise interesting questions for other states.

Voters on Election Day approved three amendments banning taxes on capital gains, estates or inheritances, and certain ...