Estate Planning
11 Steps To Financial Freedom – Step 10: Create Or Update Your Will
I hope to develop a complete financial plan through these 11 steps to financial freedom. Step 10 is to create or update your will.
Read MorePower Of Attorney: Why It’s So Important
When you appoint a person with power of attorney you trust them to make decisions for you in case you’re unable to. Here’s why it’s so important:
Read MoreMinimize Your Estate Costs
Planning to minimize your estate costs can be complex. By hiring a professional, such as a lawyer, accountant, or trust company representative you will ensure you have considered all the strategies for your estate plan.
Read MoreCreating Your Estate Plan
Everyone needs to protect their assets and have an orderly distribution to beneficiaries. Spend some time creating your estate plan before taking it to the lawyer who will draw up your will.
Read MoreProtect Your Assets With Estate Planning
Estate planning is not something that concerns only the rich or the elderly. Everyone should have an estate plan.
Read MoreAssessing Your Estate Plan
Having a will is one of the cornerstones of good financial management, but before making an appointment with your lawyer take some time to assess your situation and review your estate plan.
Read MoreNaming An RRSP Beneficiary
An RRSP allows for a designation of a beneficiary who will receive the proceeds upon the death of the planholder. Naming your beneficiary is very important.
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