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You Can't Take it With You: Common-Sense Estate Planning for Canadians, 5th Edition
John Wiley and Sons Ltd, Nov 2008, Pages: 320
Common-Sense Estate Planning for Canadians
If you own a house, RRSPs, or even just have some savings stashed away, then you have an estate. And if you dont plan for what happens to your money, your children, your house and other assets upon your death, then the government will make those decisions for you--and might end up with a bigger share than anyone else. In these turbulent financial times, planning for the future is more important than ever, especially when it involves the financial security of those you love. At a minimum, estate planning involves preparing a will, but really involves much more. This revised and updated edition of the bestselling You Cant Take It With You
Covers all areas of estate planning: financial and tax planning, wills and powers of attorney, life insurance, guardianship of your children, trusts and living wills, funeral planning, and much more.
Prepares you for dealing with your financial advisor or lawyer--and may even help you to save hundreds of dollars in professional fees and taxes.
Features practical examples, tips, and question-and-answer boxes.
Helps you understand all of the financial, legal, and human issues around estate planning so you can protect yourself, your family, and your business. Includes new information on current legislation, estate mediation, power of attorney for health care, as well as changes to provincial probate fees, tax-saving strategies, and planning ideas for singles, common-law, and same-sex partners.
You Cant Take It With You shows how to minimize estate taxes and other expenses, and to maximize the money and assets you leave behind for your beneficiaries, ensuring financial security and peace of mind for you and your loved ones.
Since it was first published ten years ago, You Can't Take It With You has been a trusted source of advice on estate planning, and it is more relevant today than ever. The Canadian population is aging, billions of assets are set to be transferred to the next generation over the coming decade, and estate planning is quickly becoming the single biggest financial planning issue of the next ten years for baby boomers and their parents. Estate planning is everybody's issue. If you don't plan for what happens to your money, your children, your house and other assets upon your death, the government will make those decisions for you. In these turbulent financial times, planning for the future is more important than ever, especially when it involves the financial security of those you love. Completely revised and updated in its fifth edition, this national bestseller continues to be the definitive resource on the financial, legal and human issues around estate planning.
The report:
- Covers all areas of estate planning: financial and tax planning, wills and powers of attorney, life insurance, guardianship of your children, trusts and living wills, and funeral planning, as well as new information on current legislation and emerging trends such as estate mediation, and much more.
- Prepares you for dealing with your financial adviser or lawyer and may even help you to save hundreds of dollars in professional fees and taxes.
- Features practical examples, tips, and question-and-answer boxes.
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