ESTATE  PLANNING 

Estate planning with Newfound Wealth Advisors is about building your lasting legacy while ensuring efficiency and peace of mind. We start by looking far beyond just a Will, focusing on two key phases: incapacity and distribution. For incapacity, we ensure you have properly executed Powers of Attorney (POA) for finance and healthcare, nominating a trusted person to manage your affairs if you can't. For distribution, we review your current assets (bank accounts, investments, real estate) and, most critically, how they are owned (jointly, solely, or in trust) and who is currently named as the beneficiary on your registered accounts (RRSPs, TFSAs, insurance policies).

Our primary value is in tax minimization and coordinating all financial components to align with your personal wishes. We work to structure your assets to minimize probate fees and the final tax burden upon death, often by strategically using joint ownership or named beneficiaries on non-Will assets. We then partner with your estate lawyer and accountant, acting as the centralized coordinator to integrate the legal documents (Will, Trusts) with your financial reality (assets, insurance coverage, succession for any business interests). Our job is to make sure your wealth transfers smoothly to your intended beneficiaries, maximizing the value of your estate and significantly reducing stress for your loved ones.