What do your heirs actually receive?
When someone dies in Canada, the CRA treats it as a deemed disposition of all assets. Your RRSP gets included in your final income. Capital gains get triggered. Provincial probate fees apply. Most families have no idea what the total number is until it's too late.
The estate snapshot: taxes, fees, and what’s left
The estate snapshot shows you exactly where your assets go at death. Not a vague estimate — a detailed breakdown using the same tax math that powers your retirement projections:
- Terminal taxes: Your RRSP and RRIF balances get included in your final income. Capital gains on non-registered investments are triggered at deemed disposition. We calculate the actual tax bill based on your province and income.
- Provincial probate fees: Calculated for your province. Ontario charges 1.5% on assets over $50K. BC uses a graduated scale. Alberta caps at $525. Every province is different.
- Spousal rollovers:RRSPs, RRIFs, and certain other assets can transfer to a surviving spouse tax-deferred. We model what rolls over and what doesn't.
- Net to heirs:After taxes, probate, and executor fees — what your family actually receives.
The gap between what you think your family gets and what they actually get can be hundreds of thousands of dollars. Now you know the real number.
Decisions you make today change the estate math
Estate planning isn't something you do once and forget. Every financial decision you make affects what your family receives.
RRSP vs. TFSA? TFSAs pass to beneficiaries tax-free. RRSPs get included in your final income. That decision you're making at 40 has a direct impact on your estate at 85.
Drawdown timing? If you draw down your RRSP strategically during retirement — converting to a TFSA or spending it down — the terminal tax bill is lower. Your retirement plan shows you both sides: how drawdown strategies affect your retirement income and how they affect your estate.
Beneficiary designations? An RRSP with a named beneficiary bypasses probate. One without a named beneficiary goes through the estate and gets hit with probate fees. Small administrative decisions, big financial impact.
Your estate plan and your retirement plan are the same plan. We show you both sides of every decision.
The full protection picture
Estate planning answers “what do my heirs receive?” But there are two other questions that matter just as much:
Insurance gap analysis answers “does my family have enough to live on if I die tomorrow?” — income replacement, debt payoff, education funding, and childcare costs, minus existing coverage.
Legacy planning answers “does my family know where everything is?” — wills, powers of attorney, beneficiary designations, digital assets, healthcare wishes, and every contact they'll need.
Three questions. Three tools. One plan that protects the people who matter most.
$99/year. That's it.
Calculators and learning content are free. The planning app is $99/year per household. No credit card required to start.
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