Book description
Stepping Lightly Around the Pitfalls of Estate Planning...
Estate planning is one of those unpleasant but really important
tasks. Unfortunately, the process is not only hard to get started, it
is then easy to make mistakes. Even the most careful and
well-intentioned person can slip up along the way. Avoid the pitfalls!
The 50 Biggest Estate Planning Mistakes outlines the major
mistakes and their consequences in an entertaining way-and then
proceeds to tell you exactly how to avoid these mistakes.
Delivering practical and helpful information in a light tone, the
authors help to make these sometimes difficult conversations a little
easier. The book's fifty concise chapters are filled with real-life
examples, organized under four key areas of mistakes:
- The biggest mistake of not planning at all
- Failing to plan for the possibility of mental incompetency
- Mistakes made during the estate planning process itself
- And common mistakes made by executors
Written by personal finance and estate planning experts, Jean
Blacklock and Sarah Kruger, The 50 Biggest Estate Planning Mistakes
and How To Avoid Them is an essential guide for Canadians
interested in planning their estates effectively, with minimal stress
on their loved ones.
Praise for The 50 Biggest Estate Planning Mistakes and How to
Avoid Them
"Quite simply the best estate-planning book I've read in 30
years. Outstanding!"
- David Chilton, author of The Wealthy Barber.
"It's a rare occasion when I read a self-help book-because this
class of literature is overpopulated with hucksters, snake oil
peddlers and semi-literates. It's an even rarer occasion when I read
one all the way through and end up recommending it to friends.
This book is, quite simply, the best I've seen in its field. It is
sound, comprehensive, helpful, and-most importantly-readable. Its
authors know their business, and they know how to explain what you
need to know to make intelligent plans for your estate. Unless you are
one of those enthusiasts who believe that, through diet, drugs, and
denial, you can endure for centuries, you should read this book and
use it as a basis for discussions with your family and your
professionals. If so, your funeral need not-like so many-be the day
your heirs start fighting with each other, and your estate begins to
bleed."
-Donald Coxe, Chairman of Coxe Advisors
LLP, has been a columnist with the Globe & Mail, the
National Post, Maclean's and is the author of The New
Reality of Wall Street
"A sensible, sound and savvy guide for everyone who is not
immortal-that is, all of us. Thoroughly enjoyable and insightful. A
must-read for all those thinking about estate planning-which, too,
should be all of us."
-Michael Gordon, MD, MSc,
FRCPC, Geriatrician and author of Moments that Matter: Cases in
Ethical Eldercare
"In a very readable and easy to understand manner, this book
hits all of the common estate planning mistakes head on. I highly
recommend it."
-Ian Hull, LL. B., Hull & Hull LLP
"This book is must-read to understand how to protect your
hard-won assets and assure a smooth transition for your family when
you are gone. It also explains how best to ensure that your wishes are
met and without making the mistakes common to do-it-yourself estate
planners. While most of us don't want think about our mortality,
planning ahead is essential. This easy-to-read guide explains the
documentation necessary in the event you are unable to make your own
health care decisions. The thoughtful preparation for delegation of
personal care and financial decisions is essential to leaving a legacy
that does not include hard feelings and family feuds. This book
stresses the need for specificity, clarity and regular updating as
your life change. The authors explain how to choose the right
trustees, have the hard conversations and provide prudent safeguards.
Just the reminder of how damaging mistakes can be is a terrific
wake-up call. Written for Canadians, it provides the information
needed to make the right decisions at the right time. This book is
entertaining, written by experts with a sense of humour, providing a
check-list of the dos and don'ts of estate planning that anyone can
understand."
-Sherry Cooper, Chief Economist of BMO
Capital Markets and author of The New Retirement
Written by personal finance and estate planning experts Jean
Blacklock and Sarah Kruger, The 50 Biggest Estate
Planning Mistakes and How To Avoid Them is an essential guide
for Canadians interested in planning their estates effectively, with
minimal stress on their loved ones.
