▲ 8 ▼ Daughter hit with $660,000 tax bill when both parents died in same year (www.ctvnews.ca) submitted 1 year ago by ieGod@lemmy.zip to c/personalfinancecanada@lemmy.ca 7 comments fedilink hide all child comments Seems like some life insurance could have helped mitigate the impact. That reminds me I should get some.
[–] SaveTheTuaHawk@lemmy.ca 5 points 1 year ago She expected her parent's tax burden to dissappear because they died. No one can afford life insurance after age 60. permalink fedilink source