The report aims to address concerns that the existing probate system is too costly for small estates
Children can lose out when a parent remarries and fails to protect their offsprings' interests with a will, as a recent decision from the Alberta Court of Appeal shows
Estate executors now will be required to file a new form estimating the value of an estate - with supporting documention. Failure to file or making false statements may lead to fines, penalties and even imprisonment
Warn clients about the importance of proper estate planning
Trust and estate planners were concerned about the implications of the wording added to a subsection of the Income Tax Act
Program tailored to address changing financial and non-financial needs as clients age
This type of trust can be especially useful for clients with blended families
In this week’s Gaining Altitude, Dan Richards, CEO, Client Insights, explains how difficult it is for clients to discuss money with their adult children. He gives tips on how families can start the inheritance conversation now.
EstateMax is a new permanent participating life insurance plan
New legislation will require more detailed information about assets