Thursday, September 13, 2018

LawFact of the Day: Wills and Estate

Here is your daily LawFact from Wise Law for Thursday September 13, 2018.

Today we are talking about Wills and Estates.
Life insurance policies that designate a beneficiary become that beneficiary's property on the day the insured dies.

They don't become part of the insured's estate and they aren't subject to estate tax.

For more information, visit our website at
- Garry J. Wise, Toronto
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