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Mafoogie's latest comments
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22nd Jan 2021Mafoogie commented on:
Loss of a Loved OneMy husband died recently and I am filling out numerous forms. Sometimes it is almost overwhelming, even though I handled most of our financial affairs. I’m not sure about other countries, but here in Canada, I inherit his retirement pension without taxation. Recently, I realized how fortunate I am because of this. I can’t help thinking that, in a way, the tax system benefits married people, in a weird way, almost discriminating against those who are unmarried and therefore cannot leave their estates to a loved one, without taxation. For example, if a bachelor had a particular parent, niece, or cousin, or even just a very close friend, he could have his estate pass directly to them. Wouldn’t it be nice if everyone were allowed to name a “significant other” in his or her will?