ESTATE PLANNING
Having planned the funeral, they push the will and estate planning down the road. The consequences of doing that can be dire, says Desiree Katz, an associate at Winnipeg-based law firm MLT Aikins who specializes in will and estate law. “Many people, for some reason, are told that they don’t need a will — that it’s OK not to have one. This may be true for some; however, the reality is that we live in a complex world. Asset mixes can be quite complex, including cottage ownership and foreign property. There are more blended families, families with foreign beneficiaries and second or even third marriages. Individuals need to have deep conversations with their teams of advisors to ensure their estate is structured properly.” This is where will and estate specialists like Katz and her colleague Joe Fingerote come in. “Basically, we come alongside and take on the burden with you,” she says. “We will guide you through the process and make it as painless as possible.”
Desiree Katz, associate at Winnipeg-based law firm MLT Aikins. PHOTO BY IAN MCCAUSLAND
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