Posts Tagged 'Jennifer Black'

Preparing a Final Tax Return

Preparing a Final Tax Return

When a loved one passes away, you will have many tasks to tend to and decisions to make. One of those tasks may be completing the individual’s final, or terminal, tax return.
The first step is to inform the Canada Revenue Agency that the person has passed away. You can call the CRA at 1-800-959-8281 or you can file form RC4111. The CRA provides the booklet “Preparing Returns for Deceased Persons” to help you; ask for a copy.

You will need ...

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When Death Deals a Financial Blow

When Death Deals a Financial Blow

Globe & Mail article – When Death Deals a Financial Blow

Globe and Mail article death financial blow

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Joint Bank Accounts a Must

Joint Bank Accounts a Must

Why the Joint Bank Account is a Must for Married Couples

Jennifer Black of DFS Private Wealth was interviewed by Rob Carrick of the Globe and Mail.
Rob Carrick Joint accounts

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Preparing the Final Tax Return

Preparing the Final Tax Return

Courtesy of Janet Baccarani & Jennifer Black from DFS Private Wealth.

Preparing a Final Tax Return

In our ongoing series on Death and Taxes, we look at a few of the common questions associated with preparing a tax return for someone who’s died.

Who is responsible for filing the deceased’s final tax return?

The deceased’s legal representative is responsible for ensuring that the tax return is filed. The legal representative would be the Executor (as named in the will) or the Administrator ...

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Death & Taxes Part 2

Death & Taxes Part 2

Courtesy of Janet Baccarani & Jennifer Black from DFS Private Wealth.

Widows and widowers can face a variety of distinct issues come tax time. In our second installment on “Death and Taxes”, we examine RRSP options.
RRSP options after the death of a spouse

Let’s first deal with what some might consider the obvious. No contributions can be made to a deceased individual’s RRSP after the date of death.

Note however, the deceased individual’s legal representative can make contributions to the surviving ...

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Death & Taxes Part 1

Death & Taxes Part 1

Courtesy of Janet Baccarani & Jennifer Black from DFS Private Wealth.

Tax season can be a challenge at the best of times – but, what if it’s following the loss of partner or spouse? What then?

Widows and widowers can face a variety of distinct issues come tax time. Memories are revived and emotions can come to the forefront again. And, then there’s the reality dealing with the numbers and the numerous questions that can go along with them.

Frequently asked ...

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Death & Taxes Part 3

Death & Taxes Part 3

Courtesy of Janet Baccarani & Jennifer Black from DFS Private Wealth.

In our continuing series of blogs examining “Death and Taxes”, we turn our attention to beneficiary designations on your RRSP or RRIF.

When your spouse has died, you may need to change the beneficiary designation on your RRSP or RRIF.

Two approaches to beneficiary designations

The designation approach that generally makes the most sense is naming a new beneficiary on the plan application form itself.
In a case where you wish to ...

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Breadwinner;Caregiver;Mother;Widow

Breadwinner;Caregiver;Mother;Widow

Courtesy of Jennifer Black, Founder of Widowed.ca

The stressful demands of juggling a full-time career and being caregiver to both children and elderly parents are becoming commonplace for women in the “Sandwich Generation”.

While sons and daughters may be attending and/or just completing their post-secondary education, they are still children requiring their parent’s attention, emotional and financial support. Meanwhile, elderly parents are now relying more on their family caregiver for assistance with everything from daily care to transportation ...

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CARP Guest Speaker – Founder of Widowed.ca, Jennifer Black

Please join Jennifer Black, founder of Widowed.ca at her next speaking engagement for an informative evening at CARP’s January 2011 monthly community meeting.
 
CARP presents information for those of all ages who are thinking of retiring, planning to retire, about to retire, already retired and those helping friends, parents, grand-parents 
 
CARP is a national, non-partisan, non-profit organization committed to a ‘New Vision of Aging for Canada’.
 
Event is FREE to CARP Members, their Guests and the Curious

 

LOCATION 

Origin Evergreen Complex
810 Scollard Court, Mississauga
(west side of Mavis just ...

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