Estate Planning Considerations

The topic is ‘Estate Planning Considerations’ and our guest speaker is Shawna Albornoz, Vice-President for BMO Trust where she is a very experienced Trust Officer and Estate Planning expert. Over the past number of years, you may have heard Chris and Andre speak about Shawna’s memorable presentations as she takes us through what we refer to as ‘Estate Planning 101/Executor Training 101 where she cites a number of real-life anecdotes as examples. Shawna is a deeply experienced leader within the BMO Trust Company and has prepared estate plans and administered estates throughout her career. Shawna is sharing her expertise in all aspects of what we all need to consider when creating an estate plan providing insights for one’s wishes to be fulfilled and keeping harmony among family members and/or stakeholders. The following are some of the topics Shawna will be covering:

Who has a right to make a claim on your estate? How do you plan for these situations?

How do you plan when you’re in a second marriage?

How does asset registration affect your estate?

When should you use a trust? How is one set up?

What do you consider when choosing an Executor, and how is compensation managed?

Why do personal effects need special consideration?

How does tax work at death?

Why do you need an Enduring Power of Attorney and Personal Directive?

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