Financial Plans

​Financial plans includes important aspects like creating a Will, establishing trusts, and organizing your assets. All of these elements will help you protect and manage your assets during your lifetime and ensure they are distributed according to your wishes after your death. 
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Write A Will

A Will is a legal document that outlines how you want your assets and belongings distributed after your death. It allows you to specify beneficiaries, designate guardians for minors, and even outline funeral arrangements. Having a will ensures your wishes are followed and can simplify the distribution process for your loved ones. If you die without a will, the Wills and Succession Act sets out how and to whom property is transferred when a person dies.
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Setting Up Trusts

Trusts are legal arrangements where a trustee (someone you appoint) manages your assets on behalf of beneficiaries according to your instructions. Trusts can be set up during your lifetime (such as living trusts) or through your Will (testamentary trusts). They are useful for managing assets for minors, individuals with disabilities, or controlling how and when beneficiaries receive assets.
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OrganizE Your Assets/Estate

Organizing your assets involves structuring them in a way that aligns with your financial goals and ensures efficient management. It includes considerations like consolidating accounts, reviewing beneficiary designations on accounts like insurance policies and retirement plans, and documenting important information about your assets for easy access by your executor or trustee.

Estate planning involves determining how an individual's assets will be preserved, managed, and distributed after death. It also takes into account the management of an individual's properties and financial obligations in the event that they become incapacitated.
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Resources 

Organization	Links	Description
Centre for Public Legal Education Alberta (CPLEA)	​​https://www.cplea.ca/willsandestates/ ​https://www.cplea.ca/wp-content/uploads/MakingAWill.pdf ​https://www.law-faqs.org/alberta-faqs/wills-and-estates-in-alberta/	The Centre for Public Legal Education Alberta (CPLEA) is a public legal education organization dedicated to making information about the law available in readable and understandable language for Albertans. Through a variety of approaches (web, print, presentations, and answering questions) we help educate the public to enable them to make better decisions about many aspects of their daily lives.  The Centre is comprised of a multi-disciplinary team of lawyers, librarians, teachers, and web specialists. CPLEA uses a collaborative approach to develop materials and strategies for teaching people about the law.
The Grief Plan Inc.	​https://www.thegriefplan.ca/end-of-life-planning.html	The GRIEF Plan is a comprehensive, low-cost, all-in-one package that includes estate planning, a personal directive, will, and financial preparedness options for anyone. We base our thorough assessment on personal and tax information. We also provide tax services for the deceased including estate taxes and probate work which is the filing of paperwork with the courts to unfreeze an estate. ​Make sure your family is not saddled with endless paperwork when you are gone. Estate matters can continue for many years. Take matters into your own hands now and plan your funeral. We want to make sure that your estate will be taxed minimally and that your family is getting the majority of your money. We provide you with the data you need to make an informed decision about the future of your estate.