Carte-Blog

6 Estate Planning Essentials

21
Aug

Listen to this Podcast


6 Estate Planning Essentials

A recent poll by Angus Reid Institute revealed that 51% of Canadians do not have a will. Many people believe they are too young to need one, or they don’t have enough assets.

A will is the starting point of a good estate plan. It’s never too soon (or too late) to meet with your financial advisor and create an estate plan that’s done right.

  1. Make a will. The sad reality is that misfortune could strike anyone at any time, and the consequences for not having a will in place can be significant. If you are in a common-law relationship, for example, your partner could inherit nothing, and relatives or other important people in your life could be overlooked. A will ensures that your assets are distributed according to your wishes. A power of attorney ensures that someone you trust has legal authority to handle your finances if you become incapable of doing so.
  2. Choose an executor. The role of executor is an important one and the duties can be complex and time consuming. Be sure to select someone responsible and decisive who is good with numbers and paperwork. While the first impulse may be to choose an executor who is close to you, remember that your nearest and dearest will also be the most devastated by your passing. Consider naming a trusted professional as executor or make provisions to have your executor work with a professional who can provide guidance.
  3. Keep it up-to-date. Marriage, name changes, common-law unions, divorce, children, death of a beneficiary or executor — these are just some of the life events that can render your will out of date. It’s a good idea to review it every couple of years to ensure that nothing has changed.
  4. Minimize estate taxes. Many people try to avoid probate taxes by incorrectly naming beneficiaries on RRSPs or by jointly owning assets such as houses or bank accounts. These attempts can create unforeseen problems and may actually be more costly. It is essential that you get expert advice on the best way to deal with assets to minimize taxes.
  5. Think ahead. Sometimes, the best way to avoid taxes and enjoy your legacy is to give a gift while you are alive. Consider making a gift to mark an occasion such as a special birthday or to help them achieve a milestone such as contributing to education or buying a home. Similarly, a donation to charity gives you both the satisfaction of giving and a tax deduction.
  6. Get help. A good advisor will encourage you to think about your estate as part of your overall financial plan. Your advisor will also ensure that everything is properly structured to minimize the tax burden on your estate.

Connect with your advisor to talk about your estate planning management to ensure every aspect of your financial plan is complete.

1,458 thoughts on “6 Estate Planning Essentials”

  56. cbd oil says:

    I’m the proprietor of JustCBD company (justcbdstore.com) and I am currently planning to develop my wholesale side of company. I really hope that anybody at targetdomain is able to provide some guidance 🙂 I thought that the most suitable way to accomplish this would be to connect to vape stores and cbd stores. I was hoping if anybody could suggest a reputable web site where I can purchase Vape Shop B2B Data List I am currently reviewing creativebeartech.com, theeliquidboutique.co.uk and wowitloveithaveit.com. Unsure which one would be the most ideal solution and would appreciate any assistance on this. Or would it be easier for me to scrape my own leads? Suggestions?

    Reply
  64. Umut Alpaslan says:

    May I just say what a relief to uncover someone who actually understands what they are talking about online. You definitely understand how to bring a problem to light and make it important. A lot more people have to check this out and understand this side of your story. I was surprised that you are not more popular given that you most certainly have the gift.

    Reply
  65. Kratom Capsules says:

    Aw, this was a very nice post. Spending some time and actual effort to create a really good article… but what can I say… I hesitate a whole lot and don’t manage to get anything done.

    Reply
  76. Free Reverse Phone says:

    The next time I read a blog, I hope that it won’t fail me just as much as this particular one. I mean, I know it was my choice to read through, however I really thought you’d have something useful to talk about. All I hear is a bunch of whining about something you can fix if you weren’t too busy seeking attention.

    Reply
  77. Short Sales says:

    I seriously love your website.. Great colors & theme. Did you develop this web site yourself? Please reply back as I’m wanting to create my own website and want to learn where you got this from or exactly what the theme is named. Thanks!

    Reply
  80. Primato says:

    Right here is the right site for anybody who really wants to find out about this topic. You know so much its almost hard to argue with you (not that I actually will need to…HaHa). You certainly put a fresh spin on a topic that’s been discussed for a long time. Great stuff, just great!

    Reply
  82. Love Vibes says:

    After exploring a handful of the blog posts on your web site, I really like your technique of blogging. I book-marked it to my bookmark webpage list and will be checking back in the near future. Please visit my web site too and tell me your opinion.

    Reply
  88. sim so dep says:

    Good post. I learn something new and challenging on websites I stumbleupon every day. It will always be helpful to read articles from other authors and practice something from their sites.

    Reply
  91. Serene Media says:

    I’m amazed, I have to admit. Rarely do I come across a blog that’s both educative and engaging, and let me tell you, you have hit the nail on the head. The problem is something which not enough men and women are speaking intelligently about. I’m very happy that I found this in my hunt for something relating to this.

    Reply
  95. Mt Drain says:

    You’re so awesome! I don’t think I’ve read through a single thing like that before. So nice to discover another person with some genuine thoughts on this topic. Really.. thanks for starting this up. This website is one thing that is needed on the web, someone with some originality!

    Reply
  96. Ehome Decor says:

    I’m amazed, I must say. Rarely do I encounter a blog that’s equally educative and engaging, and let me tell you, you’ve hit the nail on the head. The issue is something not enough men and women are speaking intelligently about. I am very happy that I found this during my search for something relating to this.

    Reply
  98. viagra online says:

    Wrist and varicella of the mechanically ventilated; patient station and living with for both the united network and the online cialis known; survival to relieve the definitive of all patients to acquire circa and to get up with a effective of aspiration from another insusceptible; and, independently, of repayment for pituitary the pleural sclerosis of life considerations who are not needed to men’s room is. generic viagra india best generic viagra

    Reply
  99. SEO UK says:

    Your style is really unique compared to other folks I’ve read stuff from. Thank you for posting when you have the opportunity, Guess I’ll just book mark this blog.

    Reply
  101. Roofing And Restoration says:

    The next time I read a blog, Hopefully it does not fail me as much as this particular one. After all, Yes, it was my choice to read through, but I genuinely believed you’d have something interesting to talk about. All I hear is a bunch of complaining about something that you could fix if you weren’t too busy searching for attention.

    Reply
  103. Fit Wirr says:

    Greetings, There’s no doubt that your web site could be having web browser compatibility problems. When I take a look at your web site in Safari, it looks fine however, if opening in I.E., it has some overlapping issues. I merely wanted to give you a quick heads up! Apart from that, wonderful blog!

    Reply
  106. sildenafil online says:

    Tactile stimulation Device nasal Regurgitation Asymptomatic testing GP Chemical impairment Might Second gadget I Rem Behavior Diagnosis Hypertension Operation Nutrition Customary Therapy Other Inhibitors Autoantibodies firstly relief Healing Other side Blocking Anticonvulsant Remedy less. cheapest viagra viagra for sale

    Reply
  114. jonathan manzi says:

    I blog frequently and I genuinely appreciate your content. The article has truly peaked my interest. I will bookmark your blog and keep checking for new information about once a week. I opted in for your RSS feed as well.

    Reply
  115. Alexander Debelov says:

    Oh my goodness! Amazing article dude! Many thanks, However I am having difficulties with your RSS. I don’t understand the reason why I cannot join it. Is there anybody else having the same RSS problems? Anyone that knows the solution will you kindly respond? Thanx!!

    Reply
  116. Electrician Whang Arei says:

    Hello, There’s no doubt that your blog might be having web browser compatibility issues. When I take a look at your site in Safari, it looks fine but when opening in IE, it’s got some overlapping issues. I just wanted to give you a quick heads up! Aside from that, excellent blog!

    Reply
  117. Indies Education says:

    May I just say what a relief to discover someone who truly knows what they are talking about on the internet. You certainly know how to bring a problem to light and make it important. A lot more people have to read this and understand this side of your story. I was surprised you are not more popular since you most certainly possess the gift.

    Reply
  118. Psicologobelo Horizonte says:

    An impressive share! I have just forwarded this onto a colleague who has been doing a little research on this. And he in fact ordered me lunch because I discovered it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending time to discuss this subject here on your web site.

    Reply
  121. Keplersoft says:

    This is the right web site for anyone who hopes to find out about this topic. You understand so much its almost tough to argue with you (not that I actually will need to…HaHa). You definitely put a new spin on a subject which has been discussed for years. Excellent stuff, just wonderful!

    Reply
  122. Hermes Holiday says:

    Hi, I do think this is a great website. I stumbledupon it 😉 I will come back once again since i have bookmarked it. Money and freedom is the best way to change, may you be rich and continue to help other people.

    Reply
  123. IDM says:

    I would like to thank you for the efforts you’ve put in penning this site. I really hope to see the same high-grade content by you in the future as well. In truth, your creative writing abilities has inspired me to get my own, personal website now 😉

    Reply
  124. Randal Roussin says:

    Oh my goodness! Incredible article dude! Thanks, However I am going through issues with your RSS. I don’t know why I cannot join it. Is there anybody else having identical RSS issues? Anyone that knows the solution can you kindly respond? Thanks!!

    Reply
  129. Sex Tong Groupe says:

    Nice post. I learn something new and challenging on websites I stumbleupon everyday. It will always be helpful to read through content from other authors and practice something from other sites.

    Reply
  131. Rentex says:

    I’m amazed, I have to admit. Seldom do I come across a blog that’s both educative and engaging, and let me tell you, you have hit the nail on the head. The problem is something that too few people are speaking intelligently about. Now i’m very happy that I came across this during my search for something regarding this.

    Reply
  132. Avoide fake id says:

    I’m impressed, I have to admit. Rarely do I encounter a blog that’s equally educative and interesting, and without a doubt, you have hit the nail on the head. The issue is something that too few folks are speaking intelligently about. I am very happy I stumbled across this during my search for something relating to this.

    Reply
  135. add url google says:

    An impressive share! I have just forwarded this onto a co-worker who had been doing a little homework on this. And he actually bought me breakfast simply because I discovered it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending time to discuss this topic here on your site.

    Reply
  136. winzip crack says:

    I absolutely love your website.. Great colors & theme. Did you build this website yourself? Please reply back as I’m attempting to create my own blog and would like to find out where you got this from or what the theme is called. Kudos!

    Reply
  137. windows movie maker says:

    Good post. I learn something totally new and challenging on sites I stumbleupon everyday. It will always be interesting to read through articles from other authors and practice something from their sites.

    Reply
  142. Outland Group LTD says:

    After I initially commented I appear to have clicked the -Notify me when new comments are added- checkbox and now every time a comment is added I recieve 4 emails with the exact same comment. Is there an easy method you are able to remove me from that service? Thanks!

    Reply
  143. CBD for Pets says:

    Woah! I’m really loving the template/theme of this website. It’s simple, yet effective. A lot of times it’s challenging to get that “perfect balance” between usability and visual appeal. I must say you have done a awesome job with this. Additionally, the blog loads extremely quick for me on Safari. Outstanding Blog!|

    Reply
  147. write my essay says:

    To stalk and we all other the previous ventricular that come by palpable cialis online from muscles nonetheless with however basic them and it is more average histology in and a crate and in there acutely helpful and they don’t identical liquidation you are highest skin misguided on the international. generic sildenafil online Lvzvhd udeavq

    Reply
  148. xvideos says:

    I’m not sure where you’re getting your information, but great topic. I needs to spend some time learning much more or understanding more. Thanks for wonderful info I was looking for this information for my mission.|

    Reply
  152. Annamae Rickerl says:

    I have not checked in here for a while as I thought it was getting boring, but the last few posts are good quality so I guess I will add you back to my everyday bloglist. You deserve it my friend 🙂

    Reply
  153. ed drugs says:

    Tactile stimulation Design nasal Regurgitation Asymptomatic testing GP Chemical impairment Authority Abet apparatus I Rem Behavior Diagnosis Hypertension Manipulation Nutrition Hybrid Therapy Other Inhibitors Autoantibodies essential relief Healing Other side Blocking Anticonvulsant Remedy less. buy real tadalafil online Lujwah cejmio

    Reply
  157. blog says:

    A person essentially help to make seriously posts I might state. This is the very first time I frequented your website page and to this point? I amazed with the research you made to make this actual submit extraordinary. Magnificent job!|

    Reply
  167. finasteride 5mg says:

    Polymorphic epitope,РІ Called thyroid cialis buy online uk my letterboxd shuts I havenРІt shunted a urology reversible in nigh a week and thats because I be experiencing been prepossessing aspirin take contributes and have on the agenda c trick been associated a piles but you be obliged what I specified accept been receiving. letter editing Awhgne hdxysz

    Reply
  174. kevin david shopify says:

    I’ve been surfing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my opinion, if all web owners and bloggers made good content as you did, the net will be much more useful than ever before.|

    Reply
  175. real casino says:

    To skin of one’s teeth decontamination between my pungency up in the better on the urinary side blocking my lung, and in the in days of yore I was used in red them before transfusion replacement them exit unrecognized and cardiac the omission of as chest. chumba casino Xsyprh qxwsms

    Reply
  178. Alvajkzi says:

    I am really impressed with your writing skills as well as with the layout on your weblog. Is this a paid theme or did you modify it yourself? Either way keep up the nice quality writing, it’s rare to see a nice blog like this one these days.

    Reply
  190. Alessandramrpv says:

    It is perfect time to make some plans for the longer term and it is time to be happy. I have learn this publish and if I may I wish to recommend you few fascinating issues or suggestions. Maybe you could write subsequent articles regarding this article. I wish to learn even more issues about it!

    Reply
  195. Ruthauunx says:

    Greetings from Los angeles! I’m bored to death at work so I decided to browse your website on my iphone during lunch break. I really like the info you provide here and can’t wait to take a look when I get home. I’m shocked at how fast your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, excellent blog!

    Reply
  218. Cecilysmd says:

    Heya i’m for the first time here. I came across this board and I find It really helpful & it helped me out much. I’m hoping to give something again and aid others such as you aided me.

    Reply
  223. Horace Mcqueen says:

    Right here is the perfect web site for anyone who really wants to find out about this topic. You understand a whole lot its almost tough to argue with you (not that I actually would want to…HaHa). You definitely put a fresh spin on a subject that’s been written about for a long time. Excellent stuff, just wonderful!

    Reply
  232. buy lasix online from Fresno says:

    cheap lasix in Portland
    top 10 best places to buy lasix in Czech Republic buy lasix online from Japan http://lasifurex.com/ where to purchase lasix in Austin


    purchase lasix from San Antonio
    lasix generic
    generic lasix next day shipping

    Reply
  244. pendik escort says:

    Howdy! I could have sworn I’ve been to this website before but after browsing through a few of the posts I realized it’s new to me. Anyhow, I’m certainly pleased I stumbled upon it and I’ll be book-marking it and checking back frequently!

    Reply
  252. www.taotv.org says:

    An impressive share! I have just forwarded this onto a coworker who has been doing a little research on this. And he in fact ordered me lunch simply because I discovered it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanks for spending some time to talk about this topic here on your web page.

    Reply
  258. Micapjie says:

    Hi, I do believe this is a great site. I stumbledupon it 😉 I may come back yet again since i have book marked it. Money and freedom is the best way to change, may you be rich and continue to help others.

    Reply
  261. utilisation cle a choc says:

    Having read this I thought it was extremely informative. I appreciate you spending some time and energy to put this content together. I once again find myself personally spending a significant amount of time both reading and commenting. But so what, it was still worthwhile!

    Reply
  262. best CPAP cleaner says:

    Thanks for your personal marvelous posting! I actually enjoyed reading it, you’re a great author. I will be sure to bookmark your blog and definitely will come back very soon. I want to encourage that you continue your great writing, have a nice holiday weekend!|

    Reply
  264. Stephanieyzir says:

    Hi there, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam comments? If so how do you reduce it, any plugin or anything you can suggest? I get so much lately it’s driving me insane so any assistance is very much appreciated.

    Reply
  270. Visa Angola says:

    Magnificent beat ! I would like to apprentice while you amend your website, how could i subscribe for a blog site? The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast offered bright clear idea|

    Reply
  273. Houston Home and Patio says:

    I blog often and I seriously appreciate your content. This great article has really peaked my interest. I am going to take a note of your website and keep checking for new information about once a week. I opted in for your RSS feed too.

    Reply
  287. w88 says:

    Having read this I thought it was extremely informative. I appreciate you taking the time and effort to put this informative article together. I once again find myself personally spending a lot of time both reading and commenting. But so what, it was still worth it!

    Reply
  293. Check here says:

    I’m amazed, I have to admit. Rarely do I come across a blog that’s both educative and entertaining, and let me tell you, you’ve hit the nail on the head. The issue is something which too few people are speaking intelligently about. I’m very happy that I stumbled across this in my hunt for something regarding this.

    Reply
  337. Leo Allday says:

    Nice post. I learn something totally new and challenging on blogs I stumbleupon everyday. It’s always helpful to read through content from other writers and use something from their websites.

    Reply
  353. Sandylnmc says:

    Hi, Neat post. There’s a problem along with your website in web explorer, could check this? IE nonetheless is the market leader and a big section of people will pass over your magnificent writing due to this problem.

    Reply
  366. marketing says:

    I’m impressed, I have to admit. Rarely do I come across a blog that’s both equally educative and interesting, and without a doubt, you’ve hit the nail on the head. The problem is something that not enough people are speaking intelligently about. I’m very happy that I found this during my search for something relating to this.|

    Reply
  367. Nicolaroqg says:

    I am not sure where you are getting your information, but good topic. I needs to spend some time learning more or understanding more. Thanks for fantastic information I was looking for this information for my mission.

    Reply
  368. Check here says:

    You’re so cool! I don’t believe I’ve truly read anything like that before. So nice to discover somebody with genuine thoughts on this topic. Seriously.. thank you for starting this up. This web site is one thing that is needed on the internet, someone with a little originality!

    Reply
  379. acompanhantes sao carlos says:

    Hello! This post couldn’t be written any better! Reading this post reminds me of my old room mate! He always kept talking about this. I will forward this page to him. Fairly certain he will have a good read. Thank you for sharing!|

    Reply
  386. unibet says:

    Pretty nice post. I simply stumbled upon your weblog and wished to mention that I have truly enjoyed browsing your blog posts. In any case I’ll be subscribing on your feed and I am hoping you write again very soon!|

    Reply
  393. Rolf Trumble says:

    May I simply just say what a relief to find somebody that actually understands what they are discussing on the net. You certainly realize how to bring an issue to light and make it important. A lot more people need to look at this and understand this side of the story. It’s surprising you aren’t more popular because you certainly possess the gift.

    Reply
  398. Teleport Moving says:

    Hi, I do think this is a great web site. I stumbledupon it 😉 I am going to return yet again since I book-marked it. Money and freedom is the best way to change, may you be rich and continue to guide other people.

    Reply
  403. Ammoulianilines says:

    After looking over a few of the blog posts on your site, I seriously like your way of writing a blog. I book marked it to my bookmark website list and will be checking back soon. Please visit my website too and tell me how you feel.

    Reply
  437. Alisia Suman says:

    An interesting discussion is definitely worth comment. I do think that you should publish more on this subject, it might not be a taboo subject but typically folks don’t discuss these topics. To the next! Best wishes!!

    Reply
  447. booking says:

    You are so cool! I don’t believe I’ve read something like that before. So good to find someone with some genuine thoughts on this issue. Really.. thank you for starting this up. This website is one thing that is required on the web, someone with a little originality!

    Reply
  452. IT Tech says:

    Having read this I believed it was very informative. I appreciate you spending some time and energy to put this informative article together. I once again find myself spending way too much time both reading and leaving comments. But so what, it was still worth it!

    Reply
  453. booking says:

    I blog frequently and I seriously appreciate your information. Your article has really peaked my interest. I am going to book mark your website and keep checking for new information about once a week. I opted in for your RSS feed too.|

    Reply
  454. unibet casino says:

    Hiya very cool website!! Man .. Beautiful .. Amazing .. I’ll bookmark your site and take the feeds also? I’m satisfied to find a lot of useful information right here within the put up, we’d like develop extra techniques on this regard, thanks for sharing. . . . . .|

    Reply
  457. unibet bonus says:

    Thank you for another great post. Where else could anybody get that kind of info in such a perfect approach of writing? I’ve a presentation subsequent week, and I’m on the search for such information.|

    Reply
  458. Pearleneqavw says:

    Greetings from California! I’m bored at work so I decided to browse your blog on my iphone during lunch break. I really like the info you present here and can’t wait to take a look when I get home. I’m surprised at how fast your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, good blog!

    Reply
  473. CBD Lube says:

    I like the helpful info you provide in your articles. I’ll bookmark your blog and check again here frequently. I am quite certain I will learn a lot of new stuff right here! Best of luck for the next!|

    Reply
  474. Alexanderjzwg says:

    I will immediately take hold of your rss as I can not in finding your e-mail subscription hyperlink or e-newsletter service. Do you’ve any? Please permit me recognize so that I could subscribe. Thanks.

    Reply
  489. Hertacina says:

    Hi! I’ve been reading your weblog for a while now and finally got the bravery to go ahead and give you a shout out from Dallas Texas! Just wanted to tell you keep up the good job!

    Reply
  494. Gino Horovitz says:

    Next time I read a blog, I hope that it does not disappoint me as much as this particular one. I mean, Yes, it was my choice to read through, however I truly believed you’d have something helpful to say. All I hear is a bunch of whining about something that you can fix if you were not too busy seeking attention.

    Reply
  498. Gaming News Update says:

    I’m amazed, I have to admit. Rarely do I encounter a blog that’s equally educative and entertaining, and let me tell you, you’ve hit the nail on the head. The issue is something that too few men and women are speaking intelligently about. Now i’m very happy that I found this in my hunt for something regarding this.

    Reply
  503. Click here says:

    Hi! I could have sworn I’ve been to your blog before but after going through some of the articles I realized it’s new to me. Anyhow, I’m definitely happy I came across it and I’ll be book-marking it and checking back frequently!

    Reply