If you don’t name your spouse as the successor, you can name them as the beneficiary of your TFSA. If so, they have until Dec. 31 of the year following the year of your death to contribute any ...

A recent Federal Court of Appeal (FCA) decision in a case involving a woman found not liable for her late husband’s unpaid taxes highlights the importance of reviewing beneficiary designations ...

If you die without naming a beneficiary for your 401 (k) account, the rules for your retirement plan will likely require that funds in the account be considered part of your estate and have to go ...

AdobeStock / Travis Trusts may have extra accounting to do this year thanks to the higher capital gains inclusion rate (CGIR). Personal trusts that flow out capital gains to beneficiaries this year ...