this post was submitted on 26 Sep 2025
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Daughter hit with $660,000 tax bill when both parents died in same year (www.ctvnews.ca)
submitted 5 months ago by ieGod@lemmy.zip to c/personalfinancecanada@lemmy.ca
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Seems like some life insurance could have helped mitigate the impact. That reminds me I should get some.

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[–] SaveTheTuaHawk@lemmy.ca 5 points 5 months ago

She expected her parent's tax burden to dissappear because they died.

No one can afford life insurance after age 60.