ISBN is

978-0-470-83156-4 / 9780470831564

You Can't Take it With You: The Common Sense Guide to Estate Planning for Canadians

by

Publisher:Wiley

Edition:Softcover

Language:English

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About the book:

More planning goes into estate planning than most people realize. Because it has implications beyond legal, tax, and family dynamics, leaving a financial legacy involves more than deathbed whispers. Sandra Foster's framework for estate planning in You Can't Take It With You consists of the six D's: decide, design, develop, discuss, document, and distribute. Charts and checklists in the companion Estate Planning Workbook (sold separately) assist with the six steps. You want to follow the advice in You Can't Take It With You as much for your children as for yourself. With practical examples, tips, tables, summaries, what-ifs, and Q&A, it covers wills, powers of attorney, taxes, guardianship for minor children, and funeral planning--all the areas we would rather not think about but must if we are going to leave something for our families. It's not a do-it-yourself book, but rather an aid to help you navigate the process and prepare you to talk to the lawyers, accountants, financial planners, and trustees who have to be consulted.

"Estate Planning is not something reserved for the elderly," Foster explains. "It is as much about life as it is about death." Nor is it just for the fabulously wealthy; anyone who owns a dwelling, has some jewellery or family heirlooms stashed away, or a savings account should plan their estate. Besides, if you don't decide what to do with your wealth while you're alive, the government could distribute it for you after you're gone. --Edward Trapunski

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