Estate Planning: First Steps introduces the key reasons why everyone should have an estate plan. Whether your assets are big or small, everyone can benefit from a formalized estate plan. Developing an estate plan involves preparing and providing instructions on how you would like your estate affairs managed and assets distributed. This eBook explains the “what” and “why” of estate planning and outlines key strategies you can explore when building your estate plan. Download e-book
15 March, 2021 Estate planning
Estate Planning: First Steps
Over the years, I’ve had many clients who need help with their estate plans. For some, estate planning seems like something to do later in life, when it’s time to “put your affairs in order.” Nothing could be further from the truth.
A will and estate plan organizes your affairs and manages your assets tax efficiently in the event of incapacity or death. Yet half of Canadians (51%) say they have no will in place, while only a third (35%) say they have one that’s up to date.
When appointing an executor for your estate, the person who first comes to mind won’t necessarily become your final choice.