Archive | October, 2017

The Iconic maple: Canada’s tree

Only 10 of the 150 species of maple trees worldwide are native to Canada. So what is it about the maple that makes it quintessentially Canadian?

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Probate if necessary, but not necessarily probate (Part 2)

Beneficiary designations are effective in avoiding probate by allowing funds to pass directly to the beneficiary outside of the estate, thereby avoiding the tax. Such a designation must be to a named individual other than the deceased or his estate and can include life insurance policies, RRSPs, RRIFs, TFSAs and pension plans. When appointing a beneficiary, you should consider also appointing a secondary beneficiary if there is any possibility of the primary beneficiary dying with you in an accident.

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