Here is your daily LawFact from Wise Law for Thursday August 17, 2017.
Today we are talking about Wills and Estates.
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 do not become part of the insured's estate and they are not subject to estate tax..
For more information on Employment Law, Family Law, Wills, Estates, and Estates Litigation, visit our website at http://www.wiselaw.net.
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
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