Tim Brisibe, TEP, is Director, Tax & Estate Planning at Mackenzie Investments.
Clients may need to revise their wills if they’ve named out-of-jurisdiction executors
Help your client avoid these estate planning pitfalls
Knowing the answer will help you and your client prepare for incapacity
Know the tax implications when moving into care
A will kit might be free or inexpensive, but it might not be valid
A look at the pros and cons
An estimated $750 billion will exchange hands in the next decade. Here are some practical tips to help these clients.
Taxpayers subject to the new 33% tax bracket can take advantage of a new 33% non-refundable tax credit for taxation years beginning 2016.
A personal representative (executor in some jurisdictions, estate trustee in Ontario, liquidator in Quebec) must deal with estate debts, potential claims against the estate and taxes when a loved one passes.