If you own a house, RRSPs, or even just have some savings stashed away, then you have an estate. And if you don't plan for what happens to your money, your children, your house and other assets upon your death, then the government will make those decisions for you — and might end up with a bigger share than anyone else. In these turbulent financial times, planning for the future is more important than ever, especially when it involved the financial security of those you love.
At a minimum, estate planning involves preparing a will, but really involves much more. This revised and update edition of the bestselling You Can't Take It With You:
- Covers all areas of estate planning: financial and tax planning, wills and powers of attorney, life insurance, guardianship of your children, trusts and living wills, funeral planning, and much more.
- Prepares you for dealing with your financial advisor or lawyer — and may even help you to save hundreds of dollars in professional fees and taxes.
- Features practical examples, tips, and question-and-answer boxes.
- Helps you understand all of the financial, legal, and human issues around estate planning so you can protect yourself, your family, and your business.
- Includes new information on current legislation, as well as on changes to provincial probate fees, tax-saving strategies, and planning ideas for singles, common-law, and same-sex partners.