Practical, real-world information about wills, estates, inheritance, executors, and elder law in Canada
Thursday, March 7, 2013
The best estate plan in the history of the world
Posted by
Lynne Butler, BA LLB
That's a pretty ambitious title - "the best estate plan in the history of the world". Whether or not you agree that the estate plan set up by its originator, James, is the world's best is really a matter of personal philosophy. His plan involved leaving none of his millions of dollars to his four children, and leaving it all to charities except for $3. I'm attaching an article from the Farm and Ranch Guide, which tells James' story. Click here to read it and decide for yourself whether this is a good way to deal with your estate and your children (and to find out what the $3 was for).
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