Why TFSAs are a top choice in estate planning

Yahoo Finance Canada
May 23, 2023.

In an interview with Yahoo Finance Canada, Sylvia Azoulay, Vice-President of Tax and Estate Planning at Richardson Wealth talks about sheltering assets from estate taxes.

One of the most popular options is a tool many Canadians already own: the Tax-Free Savings Account (TFSA). “Even at your death, it won’t have tax. It’s a pure tax-free account” Azoulay says.

Life insurance also allows your investments to grow tax-free.

“You can use life insurance as an additional investment asset class,” Azoulay said.

Read more.

Related articles

2025

How one advisor weaves volatility offsets into client portfolios

October 7, 2025 - Francis Sabourin shares how he is adding a third wheel to his traditional mix of bonds and equities bicycle – made…

1 minute read

2025

How to financially prepare for every stage of life

October 1, 2025 - From earning your first paycheque to achieving financial independence, Lynn MacNeil shares essential steps to help you reach your financial goals.

1 minute read

2025

The pros and cons of using life insurance to fund education costs

September 22, 2025 - Andrew Feindel shares how he has used life insurance for some clients to help save for their children’s education.

1 minute read