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KURYLO INSURANCE SERVICES |
 helps clients identify all the small details that make the difference when they matter in regards to insurance, benefits and retirement planning. We provide a full range of financial planning and insurance consulting services. Whether it is Financial Plans, Investments, Insurance Planning or Corporate Business Planning, we address your needs and provide a dependable level of service to all clients. |
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When you're the surviving partner |
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It’s not nice to contemplate, but one of you will probably pass away before the other. As the surviving spouse, you will have some details to attend to and may need some direction or assistance along the way.
First of all, remember that your deceased partner’s final tax return is due six months after the death, or by April 30 in the year after the year of death — whichever is later. Generally, the executor files the tax return, but it’s something you should be aware of.
From a tax point of view, there isn’t too much to worry about. As the surviving spouse, you can inherit anything that was left to you tax-free, including your partner’s RRSPs, the family home, non-registered assets and life insurance. |
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Retirement is for you not your money |
Keep your money working for you.
Many people think that protecting their retirement nest egg in low-risk, income-generating investments is a prudent financial move. But the fact is, maintaining a portion of your portfolio in equities that have growth potential is more likely to keep your money working for you. |
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