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    What is meant by "Estate Planning?" What difference does it make?
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    Proper Estate planning takes into account the best means of minimizing the liability of your Estate and its beneficiaries to pay income taxes and provincial Estate Administration fees when your Estate is administered.

    These fees are entirely based on the value of your Estate - the greater the value of your Estate, the higher probate fees will be.

    "Estate Planning" refers to the process whereby you and your professional adviser work to lawfully structure your holdings and assets so as to minimize the taxes and fees that may be payable at the time of your death.

    This form of planning aims to maximize the after-tax value of your Estate in order that you can best provide for your beneficiaries.

    Disclaimer: Content on this website is provided for informational purposes only and does not constitute a legal advice.

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