Estate Plan, vs. Will, vs. Trust - What's the difference for Canadians? (in 10 min)
📋 Free Retirement Planning Guide https://sgwealth.ca/retirement-guide 📅 Book a Free Consultation with Sim: https://sgwealth.ca/book-appointment 📱 Phone: +1 647-889-7290 A daughter in Ontario lost both parents - and was still grieving when a $659,000 tax bill arrived. They had a will. They did not have a plan. In this video, I'm breaking down the three things every Canadian needs to know: what a will actually does, what a full estate plan covers, and when a trust is the right move - so the CRA benefits less and your family keeps more. Chapters: 00:00 - A $659,000 tax bill that could have been prevented 00:52 - What a will actually does - and what it can't do 03:31 - If you want to know how to protect what you've built 03:42 - What an estate plan is - and why every business owner needs one 06:48 - What a trust does - and when it makes sense in Canada 08:50 - A will tells people what you want 🌐 Connect with SG Wealth Management 🔗 Website: sgwealth.ca 💼 LinkedIn: Sim Gakhar 📸 Instagram: @sim.gakhar 📘 Facebook: Sim Gakhar Insurance 📧 Email: [email protected]
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