<prompt> Human: My father is currently at the hospital and will unfortunately pass away at some point this week. He has been sick for many years and will fortunately have a peaceful, comfortable death.This being said, I am the Power of Attorney and want to make sure I take advantage of any tax saving alternatives before he passes.His assets to be disbursed evenly among his 3 children are as follows 122,000 Savings Account 75,000 RIF 10,000 Canadian Cash Investment Account 50,000 Life Insurance PolicyWe live in Canada so Canadian tax rules apply. To avoid paying taxes on Capital Gains, should I be transferring the money out of his account to the beneficiaries now as gifts or am I best to wait for lawyers to work it out as part of his final will?Is there something I should be doing?  <response>: You dont need to tag posts as serious. All posts on rpersonalfinance are serious and anything that isnt is deleted. I hate how shitty the default subs have become that people feel the need to tag their post to avoid stupid answers. Dont worry, well delete those for you. 