Your WEALTH MATTERS BLOG

We have spoken a lot about the importance of proper planning and how this can help to provide a roadmap to guide us. However, we have also spoken about the practicalities of life and how changes in circumstances can sometimes throw a wrench into the works and affect our plans.

In many ways, it will depend on your situation and the type of pension you’re accessing. But some forethought and extra planning can be helpful to best manage your retirement income tax situation, as well as your estate tax liabilities.

Imagine a parent or spouse passes away and there is no will in place? This happens all too frequently and the impact can be devastating to the Estate at a time when grief is already at a peak.