The majority of Canadian adults (67%) either don't know what will happen to their debt when they die, or are misinformed about how their debt will be treated upon their passing, according to a survey of 1,500 Canadians by Lawyers' Professional Indemnity Company (LAWPRO).
More than 60 Canadians have applied for a one-way ticket to Mars. Are their estate plans ready to go, too?
Advise clients to sign the common-law equivalent of a pre-nup.
Keeping the family cottage in a trust for longer creates a tax nightmare.
The last thing clients want to think about are funerals.
Last week, Advisor.ca live-tweeted the 15th annual STEP conference.
The roles and responsibilities of trustees.
Valuing difficult assets during estate planning is extremely complex.
Creating a marriage contract helps couples protect assets.
Clients may sign off even if they don't understand the document's language.