Tagged: Estate Planning

Life Insurance for Retirees

Life insurance for retirees – are you approaching retirement age and deciding whether or not to buy life insurance? With the new year coming up so quickly, I have noticed that many people are...

inheritence fees and taxes

Is my inheritance taxable?

Your relative passed away at age 80 in early 2016. They never married and had no children. You are the sole beneficiary in their will. Is your inheritance taxable? It is basically the executor’s...

The Basics of Estate Planning

Many people are of the mistaken belief that you have to be wealthy to consider estate planning. That’s not so because most people who are working and have any net worth should seriously consider...

Retirement Planning

What happens if you die and don't have a will

If you (or loved one) do not have your elder estate planning in order and you die without a Will, this situation is called being “intestate.” The State and probate court will then become...

Retirement Planning

CPP death and survivor benefits explained

The lump sum death benefit was introduced to help the families of deceased contributors deal with funeral expenses. However, the benefit can be used for any purpose. The amount of the benefit is the...