Posts Tagged: Estate Planning
Lack of an estate plan can cause family strife
Residents of Canada are being urged to move beyond traditional estate planning, which typically focuses on estate administration, tax considerations and having the proper legal documents in place, and instead to consider enhanced estate planning to address the emotional impact on those left behind and alleviate family strife. According to a new report from the… Read more »
Less importance given to leaving an inheritance
A quarter of over-75s (25%) – and more than a fifth of over-55s in total (21%) – have given a cash loan to family members instead of leaving an inheritance, according to Aviva’s latest Real Retirement Report. The findings also show nearly one in ten over-55s regularly give money to family to avoid inheritance tax… Read more »