{"id":4884,"date":"2024-11-19T16:35:05","date_gmt":"2024-11-19T21:35:05","guid":{"rendered":"https:\/\/planico.ca\/planification-de-la-succession\/"},"modified":"2025-01-30T13:36:58","modified_gmt":"2025-01-30T18:36:58","slug":"estate-planning","status":"publish","type":"page","link":"https:\/\/planico.ca\/en\/estate-planning\/","title":{"rendered":"Estate Planning"},"content":{"rendered":"

Estate Planning<\/h1><\/div>

A Solid Foundation to Build On for Estate Planning.<\/h2><\/div><\/div><\/div><\/div><\/div>
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\"Estate<\/span><\/div><\/div><\/div>

Estate Planning<\/strong><\/p>\n<\/div><\/div><\/div><\/div>

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Estate Planning, an Important Step in Protecting Family Wealth<\/h3><\/div>

When establishing a financial planning strategy, it’s important to consider the legal and tax aspects that have a real impact on the transmission and preservation of your estate upon death (or succession).<\/p>\n

So, it’s important to get started early on with all the related steps and preparations to facilitate this eventual transition. Planico’s professionals are equipped to help you with succession planning.<\/p>\n<\/div>

Contact Us<\/span>Contact Us<\/span><\/div><\/a><\/div>

Discover PLANICO\u2019s Financial Services<\/span><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>

Estate Planning<\/h3><\/div>

The first thing you need to check is how your estate will be passed on. You will need to designate the persons of your choice.<\/p>\n

At the same time, Planico will check that your testamentary dispositions and the beneficiary designations of your life insurance<\/a> and annuity contracts correspond to the desired devolution. In the absence of a will, the law will dictate to whom your estate will pass.<\/p>\n

Source: \u201cSuccession – IQPF<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Procedures<\/span><\/a><\/h4><\/div>
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Procedures<\/h4>\n

Estate planning is an area of financial planning that requires special attention because of its impact on your surviving loved ones. Whether your personal situation is simple or complex, we’ll help you, with the help of your own objectives, to understand the different strategies available to you before you meet your notary. Planico is here to provide you with the guidance you need to make the most of your estate.<\/p>\n

We work with a number of partners, including tax specialists and notaries.<\/div><\/div><\/div>

<\/i><\/i><\/span>Your Asset Balance Sheet<\/span><\/a><\/h4><\/div>
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Your Asset Balance Sheet<\/h4>\n

It will be difficult to draw up your will without having a precise idea of the total value of your assets. It is therefore advisable to carry out an appraisal. During this process, your assets and estate will be accurately assessed. Of course, this is a step that requires the intervention of a professional. At Planico, we have financial planners and financial security advisors who can advise you before you meet your notary \/ notaire fiscaliste!<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>The Protection Mandate<\/span><\/a><\/h4><\/div>
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The Protection Mandate<\/h4>\n

The mandate of protection is a document that appoints the person or persons responsible for administering your assets and care in the event of severe incapacity.<\/p>\n

This period of incapacity need not jeopardize all your preparations. With the Mandate of Protection, you set the guidelines for taking care of your finances during this period. It requires the presence of a lawyer or notary to be legally valid.<\/p>\n

You must be mentally competent when you draw up your mandate, so that it is of equal force. It’s a good idea to draw up a power of attorney at the same time, appointing a person you can trust to make important decisions for you while your mandate of protection is being homologated by a judge. The homologation procedure can take up to a year.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

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Establishing a Tax Reduction Strategy to Plan Your Estate<\/h3><\/div>

In practice, inheritance inevitably means a tax bill. These can be very substantial if you have substantial assets.<\/p>\n

The aim is to have enough liquidity to cope with the tax burden, so as to reduce its impact. You can opt for life insurance, for example. This is an excellent alternative for saving for your heirs with complete peace of mind. The reason is simple: the amount paid to your heirs by the insurer on your death is not taxable.<\/p>\n

To maximize the value of your inheritance, it’s up to you to minimize the taxes applied upon your death. You have several options for doing so. Planico can help you study them all and determine the best one for your profile.<\/p>\n<\/div><\/div><\/div>

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Setting Objectives<\/span><\/h4><\/div>

We\u2019ll discuss your plans and objectives with you.<\/p>\n<\/div><\/div><\/div>

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Choosing the Game Plan<\/span><\/h4><\/div>

With the help of our proposals, you can choose the strategy you\u2019d like to follow.<\/p>\n<\/div><\/div><\/div>

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Portfolio Optimization<\/span><\/h4><\/div>

We analyze the possibilities for optimizing your portfolio.<\/p>\n<\/div><\/div><\/div>

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Inheritance: Drawing Up Your Will<\/h3><\/div>

It’s hard to talk about succession without mentioning the will. It’s the most important document in the whole process. It allows you to record and communicate your wishes to your heirs. Of course, your notary will ensure that your wishes are scrupulously respected by each person named in the document.<\/p>\n

However, there are a number of aspects to take into account when preparing your will. It is therefore advisable to enlist the help of a professional such as Planico to guide you, in advance, towards the best strategies and decisions for you at this crucial stage in the transmission of your estate to your children.<\/p>\n<\/div><\/div><\/div>

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Start Planning Your Estate Today<\/h3><\/div>

Schedule a call to discuss your estate planning<\/span>
\nto ensure the preservation of your estate upon death<\/span><\/p>\n<\/div>

Contact Us<\/span><\/a><\/div><\/div><\/div><\/div><\/div>
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Useful links<\/h3>\n<\/div>\n<\/div>\n
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Regulatory authorities<\/h4>\n

www.mfda.ca<\/a><\/p>\n

Securities regulators such as<\/h4>\n

www.osc.gov.on.ca<\/a><\/p>\n

Major financial newspapers<\/h4>\n

www.globefund.com<\/a>,
\nwww.globeadvisor.com<\/a><\/p>\n

Main financial information websites<\/h4>\n

www.reuters.com<\/a>,
\nwww.bloomberg.com<\/a>,
\nwww.morningstar.ca<\/a>,
\nwww.fundlibrary.com<\/a>,
\nwww.ific.ca<\/a>,
\nwww.ifse.ca<\/a>,
\nwww.csi.ca<\/a><\/p>\n

Financial calculators<\/h4>\n

https:\/\/www.mackenzieinvestments.com\/en?userRole=advisor<\/a><\/p>\n

http:\/\/finance.yahoo.com\/calculator\/index<\/a>,
\nhttp:\/\/www.bloomberg.com\/invest\/calculators\/index.html<\/a><\/p>\n

Investia Customer Portal<\/h4>\n

https:\/\/client.investia.ca<\/a><\/p>\n

Mutual funds and exempt market products<\/h4>\n

Authorized mutual funds and\/or exempt market products are offered through Investia Financial Services Inc. (\u00ab Investia \u00bb). Mutual funds and exempt market products are sold exclusively by representatives registered with Investia and applicable provincial regulatory authorities.<\/p>\n

Investments in mutual funds\/exempt market products may incur commissions, trailing commissions, management fees and other fees. Please read the Fund Facts or prospectus carefully before making an investment. Mutual fund investments and exempt market products are not guaranteed, their value changes frequently and past performance is not indicative of future performance.<\/p>\n

Segregated funds<\/h4>\n

Segregated fund products are offered through Investia Financial Services Inc. and\/or several general staff.<\/p>\n

Subject to any guarantee applicable to the death benefit, any portion of the premium, or any other amount allocated to a segregated fund, is invested at the risk of the policyholder and its value may increase or decrease depending on fluctuations in the market value of the segregated fund\u2019s assets.<\/p>\n<\/section>\n<\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>

Our Areas of Expertise<\/h3><\/h3><\/div>

Discover PLANICO’s Financial Services<\/p>\n<\/div><\/div><\/div>

Personal or corporate financial planning? Insurance needs? Whatever your objectives, a global vision will enable us to build a strategy tailored to your needs. We serve customers in the Montreal, Laval, North Shore and South Shore regions.<\/p>\n<\/div><\/div><\/div>

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Insurance<\/p>\n<\/div>

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Finding the Right Coverage<\/h4><\/div><\/div><\/div><\/div><\/div><\/div>
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Retirement<\/p>\n<\/div>

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Start Planning for Your Future Today<\/h4><\/div><\/div><\/div><\/div><\/div><\/div>
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Estate Planning<\/p>\n<\/div>

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Safeguarding Your Life\u2019s Legacy<\/h4><\/div><\/div><\/div><\/div><\/div><\/div>
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Legal Aspects<\/p>\n<\/div>

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Matrimonial Property and Assets<\/h4><\/div><\/div><\/div><\/div><\/div><\/div>
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Fiscal Policy<\/p>\n<\/div>

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Navigating Complex Taxation Laws<\/h4><\/div><\/div><\/div><\/div><\/div><\/div>
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Results in Achieving Your Personal Financial Goals\u2026<\/span>Results in Achieving Your Personal Financial Goals\u2026<\/span><\/div><\/div><\/div><\/div><\/div><\/div>
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Who Are We?<\/p>\n<\/div>

Achieving results towards your PERSONAL financial goals<\/h3><\/div>

We guide entrepreneurs and professionals who don’t have the time or expertise to carefully and strategically manage their personal and corporate finances. Unless you work in conjunction with a financial planner, it’ll be difficult for you to serenely get through all the complexities related to your finances (legal, estate, tax, financial, retirement and protection issues). Don’t worry, you’re not alone.<\/p>\n<\/div><\/div><\/div>

Call on professionals who can analyze your situation from a different angle and advise you accordingly.<\/strong><\/p>\n<\/div>