Financial Planning - Who Gets Paid First When You Die

In this video, Taivi Tayler—Certified Financial Planner at Tayler Insurance & Estate Planning—explains a critical truth: When you pass away, **debts and taxes are paid before your loved ones receive any inheritance**.

 

Does your Will pays debts and taxes before your loved ones? Learn

 

You’ll learn:

• How mortgages, loans, funeral costs, and CRA taxes are prioritized over beneficiaries

• What happens to the “residual estate” and how family members eventually receive it

• Real-world examples illustrating why proper planning matters

• Expert strategies for ensuring your legacy goes to those who matter most

• How financial planning can protect your estate and ensure your family—not the CRA—gets what matters most.

 

At Tayler Insurance & Estate Planning, we specialize in:

• Tax-efficient wealth strategies

• Estate liquidity planning

• Ensuring your loved ones are protected from excessive taxation

 

In this video, Taivi Tayler—Certified Financial Planner at Tayler Insurance & Estate Planning—explains a critical truth: When you pass away, **debts and taxes are paid before your loved ones receive any inheritance**. You’ll learn: • How mortgages, loans, funeral costs, and CRA taxes are prioritized over beneficiaries • What happens to the “residual estate” and how family members eventually receive it • Real-world examples illustrating why proper planning matters • Expert strategies for ensuring your legacy goes to those who matter most • How financial planning can protect your estate and ensure your family—not the CRA—gets what matters most. At Tayler Insurance & Estate Planning, we specialize in: • Tax-efficient wealth strategies • Estate liquidity planning • Ensuring your loved ones are protected from excessive taxation Visit our blog to read the full explanation: “Financial Planning – Who Gets Paid First When You Die” - www.taylerinsurance.com/financial-planning-who-gets-paid-...

#EstatePlanning #FinancialPlanning #LegacyMatters #EstateLaw #WhoGetsPaidFirst #DebtsVsBeneficiaries #TaxPlanning #LegacyProtection #TaylerInsurance #BarrieON

 

CONNECT WITH US ================

 

LinkedIn:www.linkedin.com/in/taivi-tayler-9b055027/

Facebook:www.facebook.com/taylerinsurance

 

53 views
0 faves
0 comments
Uploaded on August 7, 2025