Developing a plan for your estate, including preparing and updating your Will, is the most important thing you can do to protect your family and your legacy. Estate planning is an essential part of a complete financial plan. It is the process by which you strive to arrange your personal, business, legal and tax affairs to achieve a number of objectives.

We, at Charger Consulting, recognize that the estate planning process can be complex. We can assist you in developing a plan that incorporates your personal goals, addresses family law and other legal concerns, and provides you and your family with maximum financial benefits through tax savings.

The following are just a few of the benefits that an estate plan can help achieve:

• It can ensure that the people and charities you care about will be looked after;
• It can minimize or defer taxes that are payable at death;
• It can reduce probate fees;
• It can establish trusts that may have tax advantages and preserve family property such as a cottage or a business;
• It can facilitate succession planning for a business, to continue meeting your family's needs or to ensure that maximum benefits are received from a sale or wind-up;
• It can provide long-term income for minor children, dependents, or family members with special needs.