Your estate is the sum of your lifetime of hard work, smart investing and sensible financial planning. It is your greatest legacy to your loved ones.
Estate planning allows you to protect the wealth you’ve accumulated over your lifetime while helping you to better manage your family’s financial future. No matter how young or old you are, how much wealth you have, whether you’re married with children or are single, everyone can benefit from developing an estate plan.
It not only gives you the peace of mind of knowing your wishes are in place, it can also reduce the taxes and expenses of your estate, as well as make the transition of your assets to your named beneficiaries a quicker and smoother process.
Sue Foley is a Certified Executor Administrator (CEA) and has the knowledge and experience in these areas to help her clients.
Many Canadians think of Estate planning as only a will. At Hartry Foley Financial, we think of it as establishing and protecting your legacy. Hartry Foley Financial has a successful history of helping individuals with their estate planning needs. Many clients wish to direct their monies toward specific beneficiaries, and most wish to avoid paying the CRA and lawyers anything. An Estate plan will effectively decrease the amount of tax payable, and will also provide you peace of mind that the estate distribution goals will be met.
A comprehensive financial plan can provide a road map to greater financial and emotional wellbeing.
Planning your estate helps minimize many of the concerns that may arise when you pass on. Without a plan, your legacy may be unduly affected by estate fees, or it may take years to pass on your estate. It’s also important to communicate your wishes to your family and named bene ciaries to avoid confusion, hurt feelings and family discord.
