Tax-Saving Opportunity for Heirs

Tax-Saving Opportunity for Heirs

There is an often-overlooked tax-planning opportunity that could help your heirs save a significant amount after you’re gone.   If you leave your spouse, or any other beneficiary the value of your RRSP, they will suffer tax implications when they withdraw the funds later. Using the strategy outlined in this a

rticle, however, you can ensure your heirs are better off from a tax standpoint.

Full story at The Globe and Mail.

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Ian Hull

Ian M. Hull, co-founder of Hull & Hull LLP, is a Certified Specialist in Estates and Trusts Law and Civil Litigation, a Fellow of the American College of Trust and Estate Counsel and a member of the Society of Trust and Estate Practitioners. He is the author of numerous articles and books on estate law issues, including Advising Families on Succession Planning: The High Price of Not Talking) and Power of Attorney Litigation. He was chosen by LawDay as one of the top 60 leading lawyers in Canada in the practice area of Estates and Trusts for the year 2009 and is a frequent guest lecturer for the Canadian Bar Association and Law Society of Upper Canada.

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