Tag · Canada
estate
Loopholes Tagged "estate"
Plain-English guides to Canadian legal rights and workarounds related to estate.
Easy If You're Saving for Retirement
CPP Death Benefit — Claim the One-Time Payment Quickly So It Doesn't Get Lost in Probate
The CPP death benefit is a one-time payment payable to an estate or other eligible applicants after a contributor dies.
Hard estate-planning
Spousal Trust — Defer Capital Gains Tax on Appreciated Assets Until a Surviving Spouse Dies
A qualifying spousal trust allows assets to roll over to a surviving spouse at cost — deferring capital gains tax on death until the survivor disposes of the assets or dies, potentially saving hundreds of thousands in estate taxes.