…estate. Naming an executor is important for estate planning. You’ll want to choose someone who is willing and able to carry out the tasks required to settle your estate. On…
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Understanding real estate investments
…Real estate investment trusts Real estate limited partnerships Mortgage investment entity Syndicated mortgage investments Real property Real estate investment trusts A real estate investment trust (REIT) invests in income-producing real…
What is life insurance and how much do you need?
…estate costs, you can simply name your estate as the beneficiary. Your estate will pay probate fees on the insurance proceeds, but it gives your estate cash that can be used…
What your will should cover and why
…an executor is called an estate trustee. The executor’s job is central to the estate administration process. This can include arranging the funeral, paying bills, and distributing estate assets. You…
Reducing your estate costs
…estate costs. To do this, name your estate as the beneficiary. Your estate will pay probate fees on the insurance proceeds, but it gives your estate the cash to pay…
Estate planning if you own a business
If you are a business owner, your estate plan should cover both your personal and business assets. Estate planning for business owners is more complicated because it needs to address…
Death of a spouse: estate planning considerations
…spouse’s estate down the road. Your estate information package should include: a copy of the will and any other estate documents. a list of all financial accounts. a list of…
Types of investments
…Real estate prices can fluctuate along with the economy and interest rates, as well as location and the housing market. Learn more about investing in real estate. Real estate is…
What happens to your RRIF when you die
…calculation of probate fees on your estate. Your estate won’t have to include the RRIF’s value on your final tax return or pay income tax if your beneficiary is: Your…
When to review your estate plan
On this page you’ll find Life events that can affect your estate plan Other events that can affect your estate plan Life events that can affect your estate plan Not…