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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

 

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Protect your assets and your loved ones with expert guidance from the Elder Law Center of Wisconsin. Our banner highlights essential elder law and estate planning tips to help you avoid probate, reduce nursing home costs, and secure your legacy. Trusted elder law attorneys dedicated to safeguarding your future.