Pippa Norman

Anyone planning to transfer some of their wealth to a charitable cause, should ask themselves: What is the purpose of the gift?

Using an inheritance to make a charitable gift can be a special way to cement a loved one's legacy and contribute to a meaningful cause.

Gen Z is the generation born in the late 1990s to the early 2010s

The death of a parent is an emotionally charged time, and can make the division of mom or dad's stuff a trying task if their wishes haven't been clearly laid out and explained in advance.

Parveen Karsan, a tax, trusts and estate planning lawyer, said before spending any inheritance, the recipients should double-check that the estate they received it from is in the clear with the CRA

Turbines generate power at a wind farm in Alberta. Recent provincial restrictions have paused new wind and solar energy projects. Getty Images

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Canadians have traditionally left most of their estate to close family members upon their death, but with blended or non-traditional families becoming more common, experts say this practice is slowly changing.