How is Debt is Handled by an Estate in Canada? Your executor is responsible for carrying out the duties of your will and arranging to pay off your debts. They will also close any accounts that you may have. If you don’t want to burden your loved ones with having to deal with your debt, there are steps you can take. 14 Mar

How is Debt is Handled by an Estate in Canada?

High Costs for Long-Term Care are 'Unforgivable' | Curated Content | Elder Care Nightmares | Estates Gone Wrong 20 Feb

High Costs for Long-Term Care are ‘Unforgivable’

While Canada’s tax system doesn’t impose a traditional inheritance tax, estate taxes through capital gains, final income returns, and probate fees can still shrink inheritances dramatically. By leveraging these strategies, you can pass down more of your hard-earned wealth. 20 Nov

Things to Know Before Filing a Loved One’s Final Tax Return

Will your family inherit your outstanding debts? Who’s responsible for paying them off? Can creditors pursue your beneficiaries for payment? 25 Oct

Don’t Leave Your Family Battling Debt Collectors

Watching your elderly parent(s) struggle with dwindling financial resources can be a distressing and overwhelming experience. However, there are steps you can take to address this situation effectively and ensure your parent receives the care and support they need. 25 Sep

What to Do When Your Elderly Parent is Running Out of Money

These tales of financial decline serve as cautionary reminders of the intricate relationship between wealth, responsibility, and the human condition. These people inherited riches but ended up with rags due to lavish lifestyles and financial blunders. 07 Sep

They Inherited Riches… But Ended Up With Rags

While not intended to be comprehensive in nature, this guide lays out a basic summary of what is involved and some things to keep in mind if you are involved in settling a loved one’s estate. 29 Aug

Basic Guide to The Probate Court Process in Ontario

Different kinds of life events will have different impacts on your finances. If you’re going through one of these life transitions or are preparing for a change, this article has information that you might find valuable... 14 Jul

Overcoming The Financial Impacts of Major Life Events

During this highly stressful and overwhelming time, it is important to remember that financial well-being can be critical to your path to mental wellness. These five steps are a good place to start... 11 Jan

Financial Well-Being: Coping with Debt After Losing Your Spouse

The Biggest Mistakes People Make in Their Wills | Common Mistakes | Cautionary Tales | Inheritance Horror Stories | Estates Gone Wrong 08 Mar

The Biggest Mistakes People Make in Their Wills

These People Inherited Fortunes — Then Blew Them All Away | Celebrity Estates | High Net Worth | Estates Gone Wrong 17 Feb

People Who Inherited Vast Fortunes & Blew Them All Away

Charitable Beneficiaries and Family Members At Odds Over Estate Distribution | Curated Content | Charitable Bequests | Estates Gone Wrong 10 Sep

Charitable Beneficiaries & Family Battle Over Estate Distribution