Canadian Estates Often Larger Than Expected: BMO Nesbitt Burns Estate Planning Expert



    Why it pays to plan your estate and treat it like an investment

    TORONTO, April 27 /CNW/ - While many Canadians don't believe their estate
will provide much for their families, the reality is that the inheritance may
be quite significant. According to BMO Nesbitt Burns estate planning expert,
Wendy Templeton, life insurance policies, homes and vacation properties, as
well as retirement savings and a person's own inheritance can all add up,
leaving many surprised about how much they have.
    However, this reality check also highlights the importance of estate
planning. Templeton says the popular do-it-yourself wills can cause
beneficiaries a number of problems down the road. In contrast, a thorough
estate plan ensures your wishes are clearly articulated, that problems are
anticipated and dealt with in advance and that, ultimately, there are no
surprises.

    
    Who:   Wendy Templeton, B.A., LL.B
           Vice President, Wealth Transfer and Estate Planning,
           BMO Nesbitt Burns

    What:  Wendy can provide tips and straightforward explanations that
           Canadians can use to plan their wills and estates, while
           preserving family harmony. She can discuss:

           -  The biggest misconceptions when it comes to estate planning

           -  Where to start - basic checklist that all Canadians can use

           -  The perils of "do it yourself" estate planning

           -  10 principles of sound estate planning that anyone can follow,
              including the importance of consulting family members, hiring
              an expert and the significance of choosing an executor

           -  Looking at an estate plan as an investment - how a well
              thought-out plan can help identify tax planning and savings
              opportunities

           -  Preserving family harmony: dealing with sibling rivalries,
              black sheep and ex-spouses
    

    To hear more from Wendy about estate planning tips, visit BMO Financial
Group's retirement website at: www.bmo.com/regeneration to download her new
podcast on this subject. BMO recently launched this podcast series to examine
emerging issues facing Canadian boomers who are approaching retirement. The
podcasts are hosted by Pamela Wallin, a journalist for more than 30 years and
a member of BMO Financial Group's Advisory Council on Retirement.




For further information:

For further information: or to arrange an interview, contact JoAnne
Hayes, Toronto, joanne.hayes@bmo.com, (416) 867-3996; Laurie Grant, Vancouver,
laurie.grant@bmo.com, (604) 665-7596; Lucie Gosselin, Montreal,
lucie.gosselin@bmo.com, (514) 877-1101


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890