"Nothing is certain except death and taxes."There are many misconceptions about what happens to your assets when you die. There is also a lot of fear. The best way to conquer fear is to face it head on! So join me and my special guests, Shruthi and Vivek - a lawyer and an accountant, who happen to also be married - as we break down what you need to know about death and taxes. We discuss what tax has to be paid when you die (13:10), what documentation you need to gather if you are an executor of an estate (24:07), we break down what "probate" really is (25:03), and we talk about what you need to know if your estate will include assets from different countries (37:30).If you have been appointed as an executor of an estate, and/or if you are starting to think about your own estate planning, check out this episode for some great foundational information!RESOURCES DISCUSSED ON THE EPISODEIdeaCast Podcast (Harvard Business Review): https://hbr.org/2018/01/podcast-ideacastThe Steam Room Podcast: https://podcasts.apple.com/us/podcast/the-steam-room/id1490924360Information on Probate in Saskatchewan: https://www.plea.org/death-estates/estate/letters-probateInformation on Probate in Ontario: https://www.attorneygeneral.jus.gov.on.ca/english/estates/how_to_apply_for_probate.phpMORE FROM SHRUTHI AND VIVEKShruthi: https://www.linkedin.com/in/shruthi-raman-16066b19/Vivek: https://www.linkedin.com/in/vivek-swaminathan-95a04118/ MORE FROM AMANDAThe Tax Chick Blog - https://taxchickca.wordpress.com;Connect with me by email: [email protected]: www.linkedin.com/in/amandasadoucette Instagram: @tax.chick

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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