Estate planning is an important exercise you undertake to preserve your wealth for your family and arrange for its orderly disbursement to your heirs. It can involve Wills, Powers of Attorney, Inter Vivos Trusts, Testamentary Trusts, Living Wills, life insurance, registration of assets in joint ownership, tax planning, charitable giving and business succession planning.
There are many strategies and solutions to go with and we help our clients navigate these topics. But in its most basic form an estate plans does the following:
Examples of estate planning (ie., cottage)