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February 2015

It used to be enough for an estate trustee (executor) to provide the Ontario government with their own calculation of the value of an estate when filing for letters probate. ...

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November 2014


I am one of those people that believes that once our basic needs are met (food and shelter), happiness is derived more naturally from things that don’t necessarily have a...

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July 2014


There was a time (the early 1980’s) when 5-year GICs and government bonds were paying 12% yields.  Investors think fondly of those days even though the inflation rate was also...

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May 2014


Blog post summary picture

by Mark Goodfield C.A.

In August 2011, Mark posted a blog titled “The Income Tax implications of Purchasing a Rental Property”. There are 300 comments and answers on that post...

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Canada Mortgage and Housing Corporation (CMHC) is a Crown Corporation which administers the National Housing Act and provides mortgage insurance for high ratio mortgages.  Mortgage loan insurance is typically required...

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February 2014


This special issue is designed to highlight the budget changes that will have the greatest impact on our clients.  It is not meant to be an exhaustive list of the...

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I’ll admit it, when I picked up a copy of Preet Banerjee’s new book, Stop Over-Thinking Your Money, The Five Simple Rules of Financial Success, I immediately flipped to chapter...

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January 2014


Guest post by Jason Allan, Barrister and Solicitor

Yes. The executor has the right to charge a fee or “compensation” for managing an estate. The Trustee Act states: “A trustee,...

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October 2013


Guest blog from Mark Goodfield , CPA CA LPA Cunningham LLP

 

 

Believe it or not you can be charged a 20% penalty for missing information that...

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September 2013


 

                Being appointed executor of a loved one’s Will is an expression of the ultimate trust that person places in you.  Although you may emotionally feel the need to...

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