What You Need to Know About the ‘New’ Ontario Estate Information Return (9955e)
The Ministry of Finance now requires executors of an estate to file an Estate Information Return. This return is added to any income tax returns or probate applications that are the executors responsibility. A new ‘Estate Information Return’ (form 9955E) must be completed and received by the Minister of Finance within 180 calendar days after […]
What is the Successor Annuitant Designation and When Should You Consider It?
Planning your estate and future finances can be overwhelming and stressful. Terms like successor annuitant, RRSP, RRIF, TFSA, beneficiary, are thrown at you and you have to try to understand what they mean and what you should do with them. Thankfully, you are not alone. Our team of estate planning experts with over 20 years […]
How to Avoid Probate Tax in Ontario
Avoiding probate tax can save you a lot of time and money. Some techniques are easier than others, but a simple mistake can cause more problems. That is why many people are starting to use the services of an estate planning expert to avoid the fees, filing requirements and lengthy delays that are part of […]