Can Probate be Avoided?
December 8, 2023
Executors often find that the probate process can be both time-consuming and expensive. Planning strategies exist that may eliminate or reduce the requirement of having assets probated.
Executors often find that the probate process can be both time-consuming and expensive. Planning strategies exist that may eliminate or reduce the requirement of having assets probated.
Explore these questions to know if you are financially ready for death. Learn essential end-of-life considerations.
For many Canadians, especially those with young families, term life insurance is most often the product of choice for protecting one’s family. The major reason for this is that it is the lowest entry-level cost to purchase life insurance.
What happens if you don’t come home tomorrow?
Most people don’t have any idea.
It shouldn’t be a surprise. Nobody wants to think about their death and who wants to spend money today to prepare for that depressing inevitability?
Naming a beneficiary is a valuable feature of life insurance and segregated funds policies so it is important to carefully choose your beneficiaries. Many people choose to name their “estate” as their beneficiary.
With succession planning, the key is to not wait until the last minute before figuring out how to pass the family cottage onto your children.
There are things to consider when transferring a cottage to your heirs. Consider these four issues.
Who can skip buying life insurance, and who should probably consider having it.
Three reasons why business owners should consider life insurance.
If you’ve ever thought about what kind of funeral you’d like to have, you might be interested in planning it yourself — or even paying for it while you’re still alive. In fact, experts say it can be a smart financial decision.
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