David Miklas '07 examined why families and business owners incorporate life insurance programs into their estate plans. We explored the following:
The session was an informative panel discussion on disposing of your cottage (or recreational property) in a thoughtful, workable, and tax-effective manner. Our presenters, Allen Church and Hilary Laidlaw, shared their knowledge and experience on disposing of a recreational property in Canada, including tax implications, succession issues, and probate considerations.
Hilary Laidlaw is a certified specialist in estate and trust law. She shares with us practical advice on choosing your executor and explaining the duties of an executor should you be asked to accept this role. Hilary is a past parent, Trustee of the SAC Foundation, and lawyer whose practice focuses on estate planning and administration with extensive experience in contested estates.
Jamie Golombek, managing director, tax & estate planning at CIBC Private Wealth, presented a charitable giving education session.
In the online forum, Jamie provided an overview of charitable giving opportunities that are tax efficient for Canadians and suggested types of gifts you may wish to pursue as you consider making a gift to support charities such as St. Andrew’s College.
Laura Ross, of Laura Ross Estate Consulting, walked us through how to get your estate in good working order. As a certified executor advisor, Laura has many years of experience working with estates as an executor and helping others in an executor role. She shared valuable lessons in preparing estates to minimize family conflict and ease administrative duties after death.