As I embarked on the adventure of making my
investment selections, I realized there aren't many
useful tools online to help those of us who aren't investing a large sum of money.
TFSAs «can be very
useful estate planning
tools,» says Matthew Williams, SVP, Head of Defined Contribution and Retirement at Franklin Templeton
Investments Corp. «Seniors can take an increased withdrawal out of their RRIF, pay tax on it and
as a consequence redirect that to their TFSAs, which will be left to their heirs tax free.»