Life estates take precedence over other estate planning tools and documents, such as wills. That is because when property is transferred through a life estate, the transfer takes place before probate.

Having a plan for what happens to your estate increases the chances that life will be easier for loved ones and that your last wishes will be honoured. The intentions of the majority of Canadians are ...

Life insurance can be a valuable estate planning tool for some retirees, whether for offsetting tax liabilities, equalizing an estate, or charitable giving. But determining whether life insurance ...