By planning for tomorrow today, you can retain more of your assets, protect your estate and leave a lasting legacy for your family. A common misconception is that only the wealthy need to concern themselves with estate planning.

Easy chairEstate planning is a complicated and often emotional exercise. We can help clients establish goals, determine strategies, identify opportunities and obstacles, and determine what types of legal documentation and professional representation would be required.

An estate plan can reduce the taxes and expenses of an estate, simplify and speed the transition of assets to the next generation and ensure that beneficiaries are protected.

Common elements of an estate plan that must be considered include:

  • Valid and current Wills for all adults in the family
  • Different types of power of attorney for all adults in the family
  • Evaluation of insurance coverage (i.e. do you have sufficient coverage?)
  • Ownership structure (i.e. the use of Joint Tenancy agreements)
  • Planning for incapacity
  • Advanced estate planning opportunities (i.e. the use of Living Trusts)
  • Taxes at death
  • Planned gifting
  • Pre-planned funeral arrangements

Contact Claudio

Claudio Piron CPA, CA, CFP®, CSWP, TEP
Senior Investment funds Advisor
Insurance Advisor

HollisWealth Insurance Agency Ltd.
4 Director Court, Suite 110
Vaughn, Ontario, L4l 3Z5
Phone: 905 712 9302
Fax: 905 712 9330

Mutual Fund Dealers Association of Canada