Estate planning attorneys recommend Revocable Trusts over Simple Wills. Trusts are more efficient ways to provide for your own benefit (1) in case you become incapacitated, (2) to transfer assets upon ...

A divorce will not automatically change estate planning. The keys to making these changes are ensuring an ex-spouse cannot ...

For example, it can cover medical decisions or financial decisions, or both. Estate planning is putting your affairs in order so that your loved ones are taken care of if you die or are incapacitated.

It’s as if the deed whispers, “Why complicate life with taxes and courtrooms when you can keep it all in the family with a ...

Learn how to write a will without a lawyer and ensure your assets are distributed as you wish.

However, your wishes may not hold up legally.“If you really want to make sure that your assets are going to the right place, ...

Next, take care of the practical side of estate planning, which starts with something as simple as ensuring that your family knows what documents you have prepared and where to find them.

However, just because someone has the means to make a large gift doesn’t necessarily mean that it’s the right move: “Estate planning oneself into poverty” can be a real risk. Sometimes ...

The point here is to highlight the fact that having a simple financial situation does not mean that you don’t need to have an estate plan at all. There are basic estate-planning considerations ...

“Not creating or maintaining a solid accounting and record keeping system by a family is one of the biggest mistakes in the estate planning process. Simple family financial statements can be ...

CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credits have been applied for and are pending approval.

Some time will be given to simple estate planning techniques such as spouse rollovers, and inter-generational transfers. The tax implications of holding RRSPs and pension before and after death will ...