Estate Planning
When should you be thinking of an estate plan? Does it start when you get married or when you have your first baby or when you retire?
Millions of Canadians does not have an estate plan. When they are gone and there is no estate plan and or will created, the chances are that the siblings fight with each other and each hire a professional and end up draining the assets of the estate. We do not want to talk about this because it is of a sensitive issue to talk in the first place.
Every one of us should have a will and a plan to ensure that you minimize the tax consequences after death, the assets are distributed to the intended recipients without any issue and to preserve the wealth.
Consult your Tax Accountant to determine how you can benefit from an Estate Plan and or Will.