Jean Turcotte - Director, Tax, Wealth and Insurance Planning Group with Sun Life, has some advice on how to practically assist Clients who are going through a divorce or dissolution of a common law relationship.
When a client dies, their registered plans could face a major tax hit. Fortunately, there are ways to minimize the impact.
In this first of two articles, we’ll look at three options for transferring an RRSP at death, and how you can help.