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The standard at which property is valued for a deemed disposition. Reference : The Investment Funds Institute of Canada

Discussing issues of inheritance and net worth may feel uncomfortable, but planning ahead is essential to help the younger generation manage wealth successfully. While it is true that the millennial generation has come of age in a different world than their baby boomer parents, they face the same early lifestyle challenges that older generations faced: tough economies, challenging job prospects and hefty home prices.

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