Many people think that estate planning only keeps the wealthy up at night. In truth, everyone can benefit from skilled and competent estate planning accountants in Markham. A sound estate plan makes sure that your home, your financial affairs and all your crucial assets are in good stead following your passing. Thus, you are able to provide for your family long after you’re gone. At HSM, we pride ourselves in being your trusted estate planning firm in the GTA and craft holistic and tailored plans for your unique financial requirements. You can count on us to protect your family’s financial health in the years to come.
Life is unpredictable. Settling your affairs is certainly not something that most people want to grapple with. However, the cost of not doing so impacts your loved ones adversely. A good estate plan;
- Lets you be in charge of who inherits what
- Lets you name your child’s guardian
- Minimizes tax obligations on what is left behind
- Reduces the likelihood of expensive legal battles between family members
So whether you are determining the fate of your pensions, life insurance, assets, cars, real estate or debts, estate planning plays a huge role.
With proper estate planning, you can ensure that your assets are transferred to intended heirs, allowing them to have the necessary financial security they need.
It’s never to early to start preparing a plan. An estate plan doesn’t simply pertain to real estate or pricey art pieces. Perhaps its biggest advantage is that you will be making preparations for your spouse to be taken care of upon your demise. Nobody likes to think about an early demise, but one must always be prepared for the unpredictable. In case both you and your spouse pass before your children turn 18, the estate plan names a guardian to care for them. When there is no such will, the court system steps in to decide who raises your children. For most, this isn’t a decision they’d like to leave to strangers. Hence, an estate plan!
CONTACT US TODAY AT 905-470-7090 TO REQUEST A CUSTOM SOLUTION.
