Does Your Will Match Your Intentions (EP 51)

Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-startedMany Canadians assume their Will and estate plan are in good order, but small mistakes or outdated wording can create major problems for beneficiaries, executors, and families.In this episode of Retiring Canada, we discuss how to review your Will to ensure it actually aligns with your intended wishes and estate goals.You will learn about several real world estate planning scenarios involving executor liability, unequal inheritances, beneficiary designations, and large inheritances being distributed to minors. We also explain how RRIFs, TFSAs, probate, and taxes can interact in ways many families do not fully understand.We also discuss why reviewing your Will regularly and coordinating with legal, tax, and financial professionals can help avoid costly mistakes and unintended outcomes for your heirs.This episode is for Canadians who want greater confidence that their estate plan, beneficiary designations, and retirement assets will ultimately pass according to their true intentions. WANT EVEN MORE RETIREMENT PLANNING TIPS?Join thousands of other Canadians and subscribe to the ⁠Retiring Canada Newsletter.⁠https://www.retiringcanada.ca/retirement-newsletterAs a thank you, you'll receive a copy of our latest Retirement Guide AND MORE!EPISODE RESOURCES:📊 Work with Michael: https://fundamentalwealth.ca/get-started💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question🌐 Retiring Canada Website: https://www.retiringcanada.ca