Clients often overlook advance care planning during the estate planning process.
Ensure you revisit estate plans when clients move to other provinces and territories. Here’s what to consider.
If your client’s getting married, she may want to create a marriage contract. That’s because in some jurisdictions there’s a default regime for property division between spouses when the marriage ends, and she may not like the results.
If your client’s wife only left him a quarter of her estate, and little or no life insurance or other benefits on her death, he may be entitled to more.
Splitting income inside a trust trims tax for your beneficiaries
A trust is a legal relationship in which a person (the settlor) transfers property to another person (the trustee)