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Tag: Estate Planning for those 65+

Estate Planning for those 65+

When thinking about estate planning, most people think about the usual documents; wills, powers of attorney and representation agreements. However, Canadians over the age of 65 are eligible for two types of life-interest trusts. These trusts essentially act as a substitute for a Will and address some of the disadvantages of having a Will. Two types of life-interest trusts: 1.Alter ego…

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