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Subscribe to this list via RSS Blog posts tagged in estate

We all like the idea that we can pass on our acquired wealth and property to our children but one mortgage lender is warning of the implications. CIBC’s Jamie Golombek says that leaving a cottage in a will can land loved ones with a hefty tax bill which could mean them having to sell the property.

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Choosing the right executor for your estate can be as important as making a will. You can choose just about any mentally competent person over 18 as your executor. It could be your spouse, your children, a friend, a business associate or your lawyer. The executor can also be a trust company.

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Tagged in: +executor estate