Estate Planning
What happens to your RRPS and TSFA after you die? How to write a will and should you use an online will maker software for that? How Testamentary Trusts work? What is the Tax Free Spousal Rollover? Learn how to plan your estate and prepare for the future on Million Dollar Journey, one of Canada’s oldest and most detailed Personal Finance blogs.
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Legal Wills Review: Canada’s Best Online Will Kit
When I was asked if I wanted to write a Canadian Legal Wills review in exchange for a free trial of Canada’s best online will kit, I have to admit that I was embarrassed.
You see… until yesterday I didn’t have a will.
I know… statistics show that roughly half of Canadian adults don’t have a will, and only a third or so have one that is up to date.
What Happens to your RRSP and TFSA after you Die?
Last week, I wrote about the most efficient way to withdraw from your accounts during retirement. Within the article, I mentioned that while the general…
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Life Insurance for Seniors in Canada
Is whole life insurance good for Canadian seniors? Is permanent life insurance a good investment for Canadian retirees? Is term to 100 life insurance worth…
Investing in Annuities in Canada – Buying a Pension for Life
As a former teacher you might think I’d be the last person who would want to learn more about investing in annuities in Canada. It’s…
Willful Review 2023
You might think a will is something that rich people do in movies to pass on their “assets” (hockey card collections?) to their soon-to-be-rich heirs.…
Insurance and Wills for Canadian Expats
When I talked to several non-resident tax and investment specialists during my Covid quarantine-induced expat research frenzy, the topic that kept coming up as “the…
Eirene Cremations Review
Death is not a topic people like to typically discuss (for obvious reasons). However, death (and the is a reality for everyone and should be…
Legal Wills Review: Canada’s Best Online Will Kit
When I was asked if I wanted to write a Canadian Legal Wills review in exchange for a free trial of Canada’s best online will kit, I have to admit that I was embarrassed.
You see… until yesterday I didn’t have a will.
I know… statistics show that roughly half of Canadian adults don’t have a will, and only a third or so have one that is up to date.
What Happens to your RRSP and TFSA after you Die?
Last week, I wrote about the most efficient way to withdraw from your accounts during retirement. Within the article, I mentioned that while the general…
Probate Fees by Province
In an article about the lack of estate taxes in Canada that I wrote a couple weeks ago, The Financial Blogger mentioned that there are…
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