Here is your daily LawFact from Wise Law for Thursday May 3, 2018.
Today we are talking about Wills and Estates.
For more information, visit our website at http://www.wiselaw.net.
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 http://www.wiselaw.net.
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
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