Stakeholders want it to be clear that beneficiary designations indicate the deceased's wishes
The absence of withholding taxes can create unexpected consequences if no planning is done
Clients considering the strategy must take extra care
Regularly providing information to beneficiaries — and keeping records — will go a long way
Trustees must balance the interests of income and capital beneficiaries amid economic uncertainty
Help your client avoid these estate planning pitfalls
A lack of planning can impede your client’s wishes
A judge found that a father’s RRIF belonged to the estate rather than son named on plan
In most cases the additional costs — and headaches — aren’t worth it
Use these tips to protect an inheritance