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Wednesday, October 6, 2010

Dealing with an estate can be complex

This article from Gabriele Banka, an accountant in Kelowna, describes the various steps in estate planning. She also talks about the role of an accountant, which I think is very important for people to understand. Lawyers should be able to "red flag" areas in which taxation might be a problem, but it's the accountants who know the tax rates and the CRA rules. Quite a few of my clients bring in an accountant to help with the estate planning, particularly if there is a business or a farm to deal with. Click on the link below to read the article.

Dealing with an estate can be complex

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