This webinar provides a comprehensive discussion on estate planning, which focuses on planning for death. While no one likes to think about it, effective estate planning is crucial to reduce burdens on grieving family members and ensure they are left with fewer complications and more financial security. Key topics such as tax savings, estate freezes, and trusts are thoroughly explored, with numerous examples provided to clarify these important concepts.

This webinar covers key aspects of estate planning, including:

• The will, life insurance, and the Family Law Act
• Probate fees and strategies to reduce them
• Taxation at death, including the deemed disposition on death rules and the terminal income tax return
• Estate freezes, utilizing section 85 and section 86 to avoid tax
• Crystallizing your capital gains exemption and avoiding section 84.1
• The taxation of trusts, including residence, allocating trust income, graduated rate estates, and the 21-year deemed disposition rule