question archive A parent has an RRSP which is currently worth $90,000, and non-registered GICs of $105,000
A parent has an RRSP which is currently worth $90,000, and non-registered GICs of $105,000
Subject:LawPrice: Bought3
A parent has an RRSP which is currently worth $90,000, and non-registered GICs of $105,000.
It the mom wants her decided to give each one of her children a fairly equal amount.
She heard about probate fees and believes the $15,000 of extra assets in the GIC will cover the probate fees, so both children will receive almost the same amount.
How can this be done so they receive equal amount?
How does not have a Will or POA at this point.
