Building an enduring plan for a lasting legacy
Building an enduring plan for a lasting legacy
One of life’s greatest rewards is sharing your wealth with others. Managing assets to take care of one’s own needs and wants is one thing, but it takes additional planning and knowledgeable guidance to help ensure your financial and personal legacy makes an enduring difference in the lives of loved ones or a favourite charity.
Having an estate plan to control the distribution of your assets benefits everyone – you, your family and the causes you care about – and can help mitigate potential pitfalls in the future. Our experienced team has the resources to assist your attorney and CPA with a personalized plan that not only preserves your assets but also helps you share your wealth with the people and charities you care about most.
The Importance of Estate Planning
Think of it this way: if you don’t plan for your estate, it will inevitably be done for you. Most often the province will intervene, which can take a toll in terms of taxes, time, and additional emotional stress for your loved ones.
Well-documented estate plans may also help your family avoid the court’s involvement in appointing a guardian for property in the event of incapacity.
That is why it is important to develop an estate plan while you have the ability to do so yourself.
How to Protect Your Legacy
We are here to make estate planning a positive, life-affirming endeavour that leads to the preservation of your family values and your assets transferring efficiently and according to your wishes.
There are various instruments that work within your overall estate plan to provide certainty and control over everything you’ve worked for and accumulated during your lifetime. Examples include wills, trusts, insurance policies, and continuing/enduring powers of attorney for property or protection mandates.
Our team of experts within trusts, estates, insurance, and philanthropy works with you and any current accountants and lawyers you have to ensure a well-coordinated approach and that your wishes are communicated to all involved.