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Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Personal Finance / Retirement Planning
  • Language:English
  • Pages:188
  • eBook ISBN:9781626752818

Smart Tips for Estate Planning

For the Love of Family

by Marvin Toy and Jim Yih

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Overview
What could be more tragic that having your life savings squandered and your family left unprotected? Many Canadians risk these consequences because they do not know how to plan for their estates after they die. With Smart Tips for Estate Planning, you will learn the critical knowledge necessary to maximize the value of your estate and provide the maximum protection for your loved ones. Written in an easy-to-read and practical style, Smart Tips for Estate Planning simplifies concepts that are unfamiliar to many people. The estate planning strategies in this book were once used by only the wealthiest and best-advised Canadians, but now they are available to you and your family. Smart Tips for Estate Planning gives you what you need to avoid the trap of having an inappropriate cookie-cutter Will and estate plan. Instead, you will learn how to legally take advantage of tax breaks, avoid unnecessary probate fees, thwart creditors, and establish trusts for your children and grandchildren. Canadians who use the ideas in Smart Tips for Estate Planning will be able to develop fully customized estate plans that protect families, safeguard assets, bring peace of mind, and leave a legacy for future generations.
Description
What could be more tragic that having your life savings squandered and your family left unprotected? Many Canadians risk these consequences because they do not know how to plan for their estates after they die. With Smart Tips for Estate Planning, you will learn the critical knowledge necessary to maximize the value of your estate and provide the maximum protection for your loved ones. Written in an easy-to-read and practical style, Smart Tips for Estate Planning simplifies concepts that are unfamiliar to many people. The estate planning strategies in this book were once used by only the wealthiest and best-advised Canadians, but now they are available to you and your family. Smart Tips for Estate Planning gives you what you need to avoid the trap of having an inappropriate cookie-cutter Will and estate plan. Instead, you will learn how to legally take advantage of tax breaks, avoid unnecessary probate fees, thwart creditors, and establish trusts for your children and grandchildren. Canadians who use the ideas in Smart Tips for Estate Planning will be able to develop fully customized estate plans that protect families, safeguard assets, bring peace of mind, and leave a legacy for future generations.
About the author
Marvin Toy, B.Comm, LLB. Marvin is a lawyer who has practiced in the fields of tax law and estate planning over the past 12 years. As a practicing lawyer, he served the clients of Felesky Flynn, LLP, the leading tax law firm in Alberta. He has also provided estate planning, estate settlement, and trust administration services to the clients of CIBC Trust Company and MD Private Trust Company (a trust company exclusively serving medical doctors and their families). He has guest lectured for the Canadian Bar Association and the Faculty of Law at the University of Alberta. In his tax and estate planning work, he has strived to make these difficult subjects easier for his clients and his colleagues.
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