Investment Advisor and Financial Planner
Toll Free: 800-924-0558
2 St. Clair Ave. West
Who deserves the most from your estate... the government or your heirs?
With a little pre-planning the choice can be yours.
Many people don’t realize the tax liabilities hidden within their estate. Did you know that at death your assets are assessed at fair market value and any capital gains are taxed? While your primary residence is exempt, the family cottage is not. The value of your RRSP or RRIF is also taken into income and fully taxed. The resulting taxes can be substantial, and to cover the costs your heirs may be forced to sell property or liquidate investments. But with a well-designed estate plan, you can preserve these assets and make sure they are distributed according to your wishes. If you’d like an assessment of the tax liabilities in your estate or want to learn about developing an estate plan to preserve your assets, please contact us. Also, remember to ask us for the about the next date for our popular workshop - 'Wills That Work.'
For more information, please select "contact me."