Estate Planning Brampton
We're Here To Help Make The Estate Planning Process As Simple As Possible
An Estate Plan is meant to ensure your loved ones are looked after financially when you pass away. It also looks after distributing your assets the way you want them to be, as tax efficiently as possible. No matter your age, if you have assets, and especially if you have a partner, children or other dependents, you need an Estate Plan.
The thought of making an Estate Plan might seem overwhelming, but really there’s not much to it. Our financial advisor is here to walk you through the process, answer your questions and offer honest, sound advice.
What Is Estate Planning & Why You Need It
Estate planning is the process of making sure you have an up to date will and power of attorney for property and health care, that all of your accounts have named beneficiaries so that they transfer smoothly and as tax efficiently as possible and that you have enough life insurance to cover debt (like a mortgage or line of credit) and to cover living expenses for your dependents. It also helps you decide how to divide assets equitably, if that’s your goal, as it’s sometimes not as straightforward as it appears.
Having a good plan in place is important for several reasons: