Quote:
Originally Posted by Strange Brew
I have this exact situation, but assuming your elderly parent is in a lower tax bracket than you, it's not horrible that they continue to hold their investments.
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It might, however, be a good idea to get those investments out of RRIFs and into non-registered accounts (or ideally TFSAs if there is room).
Paying tax gradually at low rates is probably better than being in the top tax bracket in the year of death because it all comes out at once.