Estate Planning

What do you want to have happen at the end? Creating an Estate Plan will allow you to direct assets how you want, when you want and to who you want.

Believe it or not, you have an estate. In fact, nearly everyone does. Your estate is comprised of everything you own— your car, home, other real estate, chequing and savings accounts, shares, investments, life insurance, furniture, & all other personal possessions. Unfortunately, you can’t take any of it with you when you pass. When this happens, you probably want to control how those things are given to the people or organizations you care about most. To ensure your wishes are carried out, you need to provide instructions stating whom you want to receive something of yours, what you want them to receive, and when they are to receive it. With a well-thought-out estate plan, you can control how your assets are dispersed, but also minimize the tax implications when transferring your wealth.

An essential part of your overall financial plan is what happens at the end. Planning today can allow you to maintain more control of your assets in transition.