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Can I afford that mortgage? Here’s how much you can safely borrow to buy your first house
– thestar.com
Talk to a mortgage broker and do a personal budget assessment before you start house hunting, expert says.Probate and the impacts on estate expenses
Thank you for your question, Carol. This is something I’ve seen many executors face when administering an estate. Let’s start with reviewing what probate is, what the process looks like, and the effects on the estate’s cash flow for paying taxes or other estate expenses, which can include taxes on income from registered retirement savings plans (RRSPs).
What is probate?
Probate is a term that most of us have heard before; however, the official name in Ontario is Certificate of Appointment of Estate Trustee with (or without) a will. How’s that for a tongue twister?
Since the terminology eats up most of my word count for this article (joking of course), I will continue to reference it as probate…
Under this new account, Canadians can save a maximum of $8,000 per year over five years for a total of $40,000Can I afford that mortgage? Here’s how much you can safely borrow to buy your first house
– thestar.com
Talk to a mortgage broker and do a personal budget assessment before you start house hunting, expert says.
Under this new account, Canadians can save a maximum of $8,000 per year over five years for a total of $40,000
