Estate & Will Planning
Reasons to have an estate plan:
- Provide adequately for your spouse and children
- Distribute your assets according to your wishes
- You choose the guardian for your minor children, not the courts.
- Appoint your own Power of Attorney for financial and medical decisions.
- Reduce amount of deferred taxes
- Reduce probate, legal and executor fees
- Provide funds for all final expenses and liabilities
- Decrease the time and potential problems to settle your estate
- Pass on your business to your spouse, children or other party
- Gift money or assets to a charity of your choice
The following articles may help with some of your Estate Planning questions.
We hope that you would seek the advice of a lawyer to properly execute a Will and Power of Attorney. You should also communicate your wishes to the appropriate family members.
Please note that all of the links on this page connect to sites outside of FarrellFinancial.ca and thus by following them, you will be leaving Farrell Financial's website.