How to go about securing the best rate and plan for your credit card in Canada.
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December 9 Update: AeroMexico to YYC, now book JAL flights with Mileage Plan miles, dine & earn SCENE bonus points Dec 10th
News, Tips & Tricks AeroMexico is further expanding their presence in Canada. The SkyTeam Alliance airline is adding daily Calgary to Mexico City flights starting on June 1, 2017. This marks the airline's fourth city in Canada after Montreal, Toronto, and Vancouver. You can check out bonuses.... More »
Which credit card earns the most Aeroplan Points? Version 2.1 (Updated) Aug 30th
There's a new card that has championed its way to being the one that earns the most Aeroplan points in Canada! Before we let you know which card it is let's step back into time - way back in 2012 we published a feature and infographic that compared how various credit and charge cards in Canad.... More »
Vote for your favourite credit cards and loyalty programs in Canada's Choice 2021 + MORE Sep 17th
After a six year hiatus we’re happy to announce that Rewards Canada has brought back Canada’s Choice! This is where, you, the Canadian consumer get to vote for your favourite credit cards and loyalty programs in Canada!! Voting is quite simple, once you click the icon or.... More »
Best credit cards for Airbnb + MORE Aug 27th
Are you an Airbnb loyalist looking to earn rewards points on your stays? Look no more. These are the best credit cards to use on Airbnb..... More »
How to Improve Your Credit Score – Maxing Out Your Credit Cards Edition + MORE Nov 12th
No one sets out to max out their credit cards. Sometimes, people get into this difficult situation because of an unexpected emergency such as losing their job or experiencing an illness. Many people have to rely heavily on credit cards during that time to cover their everyday expenses. For others, .... More »
CTV NewsMcKenna promises new measures this fall to cut carbon emissionsCTV NewsThe federal government will bring in additional measures later this fall to lower Canadian carbon emissions, Environment Minister Catherine McKenna says. Last week, Prime Minister Justin Trudeau announced he would impose a $10 per tonne carbon tax on …Trudeau government OK's tax credit for TV talk showsCBC.caWhy conservatives have it wrong about Trudeau's carbon taxThe Globe and MailLoewen: Our data suggest Trudeau could go even further in taxing carbonSaskatoon StarPhoenixCalgary Herald -mySteinbach.ca (blog) -Edmonton Sun -TheChronicleHerald.caall 153 news articles »
Air Miles has announced a new clear-cut system for how it doles out reward choices. But it might be hard for some customers to get with the program after Air Miles spent months continually shifting its explanation for why different members would see different reward offers.
CTV NewsMcKenna promises new measures this fall to cut carbon emissionsCTV NewsThe federal government will bring in additional measures later this fall to lower Canadian carbon emissions, Environment Minister Catherine McKenna says. Last week, Prime Minister Justin Trudeau announced he would impose a $10 per tonne carbon tax on …Trudeau government OK's tax credit for TV talk showsCBC.caWhy conservatives have it wrong about Trudeau's carbon taxThe Globe and MailLoewen: Our data suggest Trudeau could go even further in taxing carbonSaskatoon StarPhoenixCalgary Herald -mySteinbach.ca (blog) -Edmonton Sun -TheChronicleHerald.caall 153 news articles »
What happens to your debts after you die?
– canadianbusiness.com
When you die, you don’t just leave behind your family and your legacy. You also leave behind your debts.
But what happens to those debts once you’re gone? In general, your assets and debts become part of an estate. It’s the estate’s responsibility to pay them. If there’s any money left, it goes to your heirs. If there’s not enough money to cover all the debts, they may go unpaid.
It can get complicated though, so here are a few things you should know:
SETTLING THE ESTATE: A will typically names an executor, who is responsible for settling the financial affairs of the deceased. If there is no will, the state decides who should handle it. That person follows a pecking order of who gets paid first, said Greg McBride of Bankrate.com. Secured debts, like mortgage or auto loans, come first; unsecured debts, such as credit cards and medical bills, follow.
HOME: Banks expect to continue to be paid for a mortgage or they will take action. But some protections exist for family members or others living in the home, said Chas Rampenthal, general counsel at LegalZoom…
But what happens to those debts once you’re gone? In general, your assets and debts become part of an estate. It’s the estate’s responsibility to pay them. If there’s any money left, it goes to your heirs. If there’s not enough money to cover all the debts, they may go unpaid.
It can get complicated though, so here are a few things you should know:
SETTLING THE ESTATE: A will typically names an executor, who is responsible for settling the financial affairs of the deceased. If there is no will, the state decides who should handle it. That person follows a pecking order of who gets paid first, said Greg McBride of Bankrate.com. Secured debts, like mortgage or auto loans, come first; unsecured debts, such as credit cards and medical bills, follow.
HOME: Banks expect to continue to be paid for a mortgage or they will take action. But some protections exist for family members or others living in the home, said Chas Rampenthal, general counsel at LegalZoom…
