#13 You Can Have Multiple Wills Yes, you can have more than one will. This strategy is vital in dealing with business and foreign assets. In some cases, you can reduce Estate Administration Tax (EAT) taxes in Ontario by having multiple wills. However, having multiple wills is…
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Estate planning is different if you are 28 or 58 and retiring. Make sure you and your loved ones are not at risk. Your Estate Planning Checkup If you already have an estate plan, then take this quiz to see how healthy it is. Use this checkup…
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Read my previous post, Rules to Pick the Right Estate Trustee for Your Will. Executors have personal liability for their misconduct. Executors can decline the job. They cannot be compelled to act as executors. That’s why you always need to name a backup executor in your will….
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You’ve worked hard all your life to provide the very best for your family, friends and community. How do you ensure this will continue? The answer is simple; through a legal document – your will. Here are some things to consider: The time and cost of a…
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This week I received a call from a relative of someone who died. After expressing my condolences, I asked if there was a will. The answer was the person refused to discuss wills with loved ones. The conversation shifted to me asking, what did this person have…
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