Estate Planning

It takes a lifetime to accumulate. What is it and are you really in control? While you live:  At common law, an estate is the totality of the legal rights, interests, entitlements and obligations attaching to property. Today you control all aspects of that wealth accumulation When you die:  In the context of wills and probate, it refers to the totality of the property which the deceased owned or in which some interest was held. A Legacy is a gift given to someone after death through a Will (law).

David F. Andrews B Comm CFP CLU TEP

Your Estate is your Legacy

Part of that estate is Taxes, a form of "Social Capital".

Who should control your Social Capital Legacy?

All too often we “forget about” or “accept” the government’s “ME FIRST” position and go on about planning what we want to do with our residual estate. Taxes are a form of  “Social Capital”, your contribution to society. But should taxes be the only option for creating Social Capital? No they should not.

With proper planning and organization, you can create Social Capital through gifts to Charities and have the option of reducing or eliminating social capital (tax) payments to the government. Who is your choice to manage the funds? As a side effect, you may also enhance your family’s share of your estate. We can help you plan.

Who is in Control now?

If you die without a Will, you are said to have died Intestate. In that case, the government provides a formula for the distribution of your estate and it must be followed.

Maintaining a current Will becomes your method of directing how your lifetime’s work is to be used or distributed. In a Will you appoint an Executor who acts on your wishes.

Don’t let your legacy be:

He paid a lot of taxes!

We can help!

Last edited: Wednesday, February 27, 2008