The ‘Widow’s Penalty’: The Tax Ambush That Hits the Year After Your Spouse Dies — and 5 Ways to Beat It
Imagine losing your husband of 45 years in March. Then, the next spring, you open a tax bill that’s bigger ...
Thursday, July 23, 2026
Tag: spouse
The “Widow Penalty” Budget: Why Expenses Don’t Always Drop After One Spouse Dies
Losing a partner is one of life’s most profound emotional challenges, but the financial ripple effects often come as a ...
8 Things to Do Alone for the First Time After Losing a Spouse
Studies show that approximately 15% to 30% of widowed individuals meet the criteria for major clinical depression within the first ...
Your American spouse may not want to inherit your TFSA
In some cases, the surviving U.S. spouse may be better off inheriting the cash value of the TFSA rather than ...
8 Signs Your Spouse Is In The Beginning Stages of Dementia
Watching someone you love change can be one of the most difficult experiences in life. Many spouses dismiss small memory ...
Challenges In Engaging The Disengaged Spouse Of A Client Couple: Kitces & Carl 191
In modern financial planning, there is an increased emphasis on engaging both partners in a client couple; reasons for this ...
QTIP Trusts Explained: How to Protect Your Spouse, Without Disinheriting Your Children
When you leave assets to your spouse, you likely assume they will eventually pass to your children. But what happens ...
The 5-Step Framework for Investing in Real Estate with Your Spouse (or Partner)
Sometimes the biggest obstacle to buying a rental property isn’t finding real estate deals, or funding them, but getting your ...
Claiming your spouse and dependants on your tax return
For these reasons, professionals and do-it-yourself tax preparers should take the time to study Schedule 5 – Amounts for Spouse or Common-Law ...
Death and Taxes: Why More Seniors Are Facing Surprise Bills After a Spouse Passes
Losing a spouse has been ranked as the #1 most stressful life event, with 70% of women being widowed at ...
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