Category Archives: Estate and Succession Planning

Death of an RRSP/RRIF Annuitant – Do tax-deferred rollovers make sense?

Posted on March 25, 2022

When an RRSP1 or RRIF annuitant dies, the deceased is normally required to include the full value of the plan in income for the year of death where the amount is subject to tax on the deceased’s terminal tax return. Exceptions … Continue reading →

Posted in Estate and Succession Planning | Comments Off on Death of an RRSP/RRIF Annuitant – Do tax-deferred rollovers make sense?

Minor Beneficiaries

Posted on March 18, 2021

Statistics Canada has forecasted $1 trillion in personal wealth to be transferred to the next generation from 2016 to 2026, with Minors being the benefactors. When assets are left to a minor, either as a beneficiary of a Will or … Continue reading →

Posted in Estate and Succession Planning | Comments Off on Minor Beneficiaries