We asked a financial planner about the tax implications of inheriting 150 acres of farmland in the Alberta foothills ...

New research from Canada Life1 reveals a widespread lack of awareness about where important family documents and financial ...

After you inherit money, two questions arise: How will this money change my life? And what do I do now? Some heirs have time to prepare. They know how much they’re going to get because a parent, ...

Isabella and Lorenzo are siblings who have faced financial difficulties throughout adulthood. Both are in their 30s — Isabella’s a divorced mom of three, Lorenzo’s a married father of two — and ...

This cultural and political opposition to inheritance may be increasingly popular, but it is poisonous. Inheritance is how societies compound the achievements of past generations, preserving ...

The number of investigations into underpaid Inheritance Tax (IHT) rose from 3,793 to 3,977 over the course of last year*, netting HM Revenue & Customs an ...

In an increasingly complex world, the Financial Post should be the first place you look for answers. Our FP Answers initiative puts readers in the driver’s seat: you submit questions and our reporters ...

Marcia's mother found the will of her deceased father’s parents and is claiming her and her brother's portion. (Credit: Getty Images/iStockphoto) FP Answers: Dear Marcia, these are strange ...

If we gift my house to our daughter and continue to live in it, I understand we would have to pay full market rent. If we survive for seven years after the gift has been made, does our daughter take ...

The death of a parent is a difficult time, bringing out strong emotions and highlighting any family conflict. Add to that the distribution of assets, and there’s the strong potential for family strife ...