TORONTO - while there are a number of reasons for a parent to consider passing on a living inheritance to adult children, one that may be overlooked is tax savings. Cash and assets that parents have ** intention of spending while they're alive ? what tax and estate planning expert Jamie Golombek calls "never money" ? may wind up costing more than necessary in fees and taxes. "If mom and dad have never money, all they're doing is growing a pile of ...
07-12-2017, 12:45 AM
The tax benefits of giving while living
TORONTO - while there are a number of reasons for a parent to consider passing on a living inheritance to adult children, one that may be overlooked is tax savings. Cash and assets that parents have ** intention of spending while they're alive ? what tax and estate planning expert Jamie Golombek calls "never money" ? may wind up costing more than necessary in fees and taxes. "If mom and dad have never money, all they're doing is growing a pile of ...
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