Your home, your RRSPs and other investments all become substantial assets that must be considered in estate planning.
Most people put off estate planning, yet the process can often involve things that take effect while you are still alive - a living trust is one example. You may want to pass the family business to your children so future capital gains will be taxed in their hands.
The best place to start is to have a lawyer draw up your will and power of attorney. You will need legal advice to make sure your wishes are properly carried out.
If you are looking for help on estate planning download our guide to get started.
Guide to Estate Planning