Posts Tagged 'taxes'

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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