Wills & Estates
Planning your approach to preserving and distributing the wealth you’ve accumulated after your passing can be a stressful, confusing, and highly emotional experience. Save yourself the frustration by allowing our highly-trained estate and trust specialists to guide you through this important process. Wherever you are in the planning process, we’re here to help.
If you’re in the process of planning your estate or trust, or you’re executing a plan for someone else, we’ll support and guide you every step of the way. Our knowledgeable professionals know how to minimize taxes and optimize your distribution plan to maximize the wealth distributed to your beneficiaries. Preserving your legacy with professionalism is our top priority.
What is Wills & Estate Planning?
Estate planning is a comprehensive procedure that is carried out during one’s life to ensure that one’s assets are distributed to the beneficiaries of one’s choice in the case of one’s death. Typically, estate planning focuses on ensuring that a person’s surviving loved ones are cared for after his or her passing and that assets are transferred to intended beneficiaries in accordance with the deceased’s wishes.
When death inevitably comes, estate planning is typically used to minimize taxes without compromising the deceased’s wishes. At the best of times, talking about death is difficult. The more trust and communication there is between all parties involved, the better the result. This is when enlisting the help of a reputable financial advisor comes in handy.
Our advisor will guide you through the following considerations:
- Optimizing the amount of wealth delivered to the beneficiaries.
- Preparing financially unaware individuals for the responsibility of wealth management.
- Maintaining children's fairness and equality.
- Keeping the house in order.
- Taking on large charity projects.
When we bring up the subject of estate planning with clients, we do so from a high-level perspective. This discussion almost always leads to a more thorough examination and a series of sessions devoted to this aspect of planning, some of which will include other experts such as accountants and lawyers.
The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact your financial advisor.
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