Estate planning is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. Goals include ensuring the greatest amount of the estate passes to the estate owner's intended beneficiaries, while paying the least amount of taxes and avoiding or minimizing probate court involvement.

Estate Planning is an important part of a comprehensive wealth management plan. Through your Investment Advisor and the support available to him/her, insurance product can be introduced to your plan. How will capital gains taxes be paid on the deemed realization of gains on all your assets on death. Liquid investments and illiquid investments – such as family cottages – will incur capital gains taxes on death that may have to be paid from the sale of those same assets, unless paid from an insurance policy.