Estate Planning

You cant take it with you

Eventually, we all will die and leave behind assets that we accumulated over a lifetime.

We can't take these assets with us when we go, but we can leave them behind to the people and or causes we care about. It makes sense to make an estate plan while one can and not leave it to the courts to decide.

An estate plan is an ultimate gift and when done right will reduce the impact of taxes, speed up the transfer to your beneficiaries and ensure that it is shared as you intended.

Estate Planning process

Mapping your Assets

Creating a Will and power of attorney

An Asset-Map is an invaluable document that will help your Executor manage your estate efficiently and speed up the distribution to your beneficiaries.

Creating a Will and power of attorney

We recommend creating a will and power of attorney for property and health with a lawyer. But in the absence of one, an online will is a valid, convenient and affordable option.

We recommend willful.co

Minimize taxes and probate fees

Creating a Will and power of attorney

Minimize taxes and probate fees

Reducing taxes and probate fees is often the primary goal of an estate plan. We will provide you with the advice to do so along with options to maintain privacy, ensure the speed of transfer, even maintain control after death and create an even larger legacy than expected.

Mike Sukhram, MBA, FMA, PFP, CIM | Financial Advisor

Carte Wealth Management Inc. | Main Street Adviser Group

425-6755 Mississauga Rd., Mississauga ON L5N 7Y2

905-891-7171 | msukhram@msadviser.ca

Mutual Funds and ETFs are provided through Carte Wealth Management Inc.

Insurance products such as segregated funds, life, disability, and critical illness insurance are offered through Carte Risk Management Inc.

Banking services through referral arrangement.

Mike Sukhram is a financial advisor in Mississauga serving clients in the GTA, Oakville, Brampton, Etobicoke, Toronto, and Burlington areas. He specializes in investments and insurance strategies to help professionals, executives and business owners with their retirement plans.