From Valentine’s Day to American Heart Month, February has long been associated with love. That makes this month a great time to demonstrate how much you care about the people you love by putting an estate plan in place.

Without an estate plan, it can be more difficult, time-consuming, and expensive for heirs to handle your financial accounts, property, and other assets, making sure everything is distributed in the way you wanted it.

Canada’s most disliked retirement strategy just might be delaying the start of CPP so you can get bigger payouts.

Much like during the football idol’s life, the inheritance process is likely to be a messy affair between his large family, with eight children from six different partners as heirs to his assets, as well as his intangible heritage.

Many farmers find it difficult to get any interest from their children in continuing to run the farm business – which can cause some complications when developing the best estate plan for farmers looking to retire.

The words Canada Revenue Agency have the tendency to make any of us a little nervous when it comes to debts owed and tax collection.

Most people have a broader and more robust digital life than they realize, and that digital life has to be integrated into their estate plans. If it isn’t, your heirs are likely to face a lot of inconvenience, anxiety and unnecessary costs. It’s possible part of your estate and legacy will be lost.

As older adults face mortality during the pandemic, lawyers and wealth advisers are using color-coded documents and flowcharts to help them understand estate planning.

Black Americans have historically faced obstacles toward building wealth — those barriers continue to contribute to the racial wealth gap. Three millennials who have inherited or will inherit their families' businesses discuss how it's launched their careers, how generational wealth shaped their lives, and how they're helping the Black community.

There may come a day when your own cottage, or cabin, changes hands. Let's talk about three common ways to pass the cottage to your heirs.

The IRS has announced the new §7520 rates for certain gifts. The rate has a huge effect on the value of certain gifts, notably, gifts to charity and certain trusts used to transfer assets.

Many people are taking this time at home during the COVID-19 crisis to update their estate plan. Here are six critical estate plan components you should focus on in light of the current pandemic.

Too many people don’t realize the key elements of an estate plan can be helpful if you become sick from the virus, even before considering the benefits to your heirs if the worst happens.

No one wants to have the conversation with their parents about what will happen when they're gone, but it's a conversation that needs to be had.

There’s no shortage of stories about estate planning and estate administration gone wrong. A recent decision by a judge put to rest what amounted to years of problems experienced by a family around an estate.

There’s this lingering myth of “old money families” where wealth is easily passed from generation to generation. But studies have shown wealth attrition to be more common, as bad investment decisions, mismanagement and dilution of assets between heirs eats into the family fortune.