Prepare Your Will

While estate planning is about more than simply writing a Will, a Will provides a framework to ensure the distribution of your assets to your heirs in a timely and tax-efficient manner and is an important part of every estate plan.

 

In its most basic form, a Will appoints your executors who will carry out your instructions, names your beneficiaries who will receive your assets, directs the distribution of your assets, and may also include provisions for trusts or appointment of guardians for minors. Dying without a Will can result in a loss of control of assets, and may require a longer period to settle your estate. Without proper instructions, your family's heirlooms and assets may not be distributed according to your wishes.

A Will is the cornerstone of your estate plan and is essential to ensure your wishes are met after your death.

I would be pleased to introduce you to a CIBC Wood Gundy Estate Planning Specialist* who can work with you to make your Will part of an effective estate planning strategy.

* Financial Security Advisor in Quebec.

Insurance services are available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are available through CIBC Wood Gundy Financial Services (Quebec) Inc.

Estate Planning and Wealth Preservation

Many people may wonder exactly what the term "estate planning" encompasses. Estate planning is the process used to organize your affairs so that your goals are achieved both during your lifetime and after your death.

 

Historically, estate planning has been thought of only in terms of a plan for the distribution of your assets at the time of your death. However, an estate plan can also be used to address many of the issues that arise during your lifetime. 

It's important for everyone to have an estate plan. The depth and complexity of your plan will depend on your particular circumstances and goals. A well thought out financial and estate plan can help you build wealth and protect your assets from excessive taxation and frivolous claims that could erode the cherished gifts you wish to leave behind. 

I can work with you and a team of CIBC professionals, including a CIBC Wood Gundy Estate Planning Specialist (Financial Security Advisor in Quebec) to create an effective financial and estate plan that considers all facets of your financial circumstances. With the many tools and resources available through CIBC Wood Gundy, we can help you manage your objectives.