We've been helping Canadians get their affairs in order since 1926.
Talking with your family
It's a difficult subject to discuss, but it's important to be clear about your wishes with those who matter most in your life. Reviewing your estate plans, funeral arrangements, and ensuring all paperwork is in order will make this emotional process much easier.
Making your wishes clear
You're never too young to write a will, name a power of attorney, and create a health care directive. Naming an executor of your estate, guardians for your children and the beneficiaries of your estate will also put your mind, and your family's future at ease.
Protecting your estate
A solid estate plan extends beyond your will, keeps your assets insured, minimizes tax liabilities, and allows your heirs to benefit from the full value of what you're leaving behind.
When you die, your assets can be transferred tax-free to your spouse. But, when your spouse dies and the assets are passed on to other heirs, 50% of the increase in the value of some assets will be subject to tax. Life insurance can be an effective tool to fund the tax liability.
Assets that are passed to your heirs after you pass may be subject to significant taxes, but insurance can help offset these costs.
One of the mistakes couples in blended families make is to designate each other as the direct beneficiary of all their assets or to hold all their assets in joint ownership.
After any major life event, such as a birth, death or divorce, it’s important to review your estate plan to ensure it reflects your new reality.
If you die without a will, you are considered to have died “intestate.” The provincial government will then decide what happens with your estate.
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Our advisors will consider your financial goals and help find the path to get you there.