Planning for the worst can be scary. Many people neglect dealing with this unpleasant topic, but doing so can have very negative consequences for your family. Looking after your loved ones or leaving a legacy should be a clear part of your overall wealth plan. Below are some resources to help you broach the subject. Don't hesitate to reach out to us for more information!
When thinking about this topic, we also recommend you review our section on Insurance Planning
Irit Gertzbein, Director, Trusts & Estates with BMO Nesbitt Burns discusses the difference between the terms "heir" and "beneficiary".
Did you know you can have more than one will?
Irit Gertzbein, Director, Trusts & Estates with BMO Nesbitt Burns discusses mutual, mirror, and multiple wills.