We hear the term “estate planning”, but often don’t recognize how it pertains to us. It can be a difficult subject to approach, as it forces us to face our own mortality.
Many of us have charities we support during our life and want to continue on after we die. The tax rules support this type of philanthropy, but we have to be sure we follow all the rules.
Many people believe that their final wishes will be carried out by clearly stating them in their will. This false feeling of contentment can lead to multiple problems after death.
You prepared your will and have specified that the family cottage will be inherited by the children. But keeping the cottage in the family may not be that straightforward.
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