Tag Archives: Estate Planning

Managing Digital Assets in Estate Planning

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Estate planning is a critical part of securing your financial future, and while most people focus on their physical and financial assets, digital assets are often overlooked. In today’s connected world, our digital footprint is more significant than ever—ranging from online bank accounts and investments to social media profiles and digital subscriptions. So, how can […]

Have you Planned for Digital Assets?

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https://youtu.be/J0FUFOvEzDs If you haven’t accounted for your digital assets in your will or another document, you’re not alone. This is often overlooked when planning an estate. Digital property can be broadly categorized as either personal or financial. Personal assets can include social media accounts, photo and video collections, blogs and personal websites. Digital financial property […]

Ways to Give to Grandchildren

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https://youtu.be/zjVBqQAdaU4 Giving a financial gift to a grandchild can be tremendously satisfying, knowing you’re helping to make a difference in a loved one’s life. The first step is choosing when to make a gift. You can make financial gifts to grandchildren while you’re living or upon your passing. If you give now, you’re able to […]

Prepare your executor

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https://www.youtube.com/watch?v=pGFFfaI4SdM Unless you prepare properly, your executor could end up feeling more like a detective. Where are receipts for the final tax return? Where’s the life insurance policy? What, there’s an old bank account from 20 years ago? The job of the executor is involved enough without having to search for information and documents that […]

Protecting Your Home Equity: A Guide for Unmarried Couples with Blended Families

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Buying a house is a significant investment, especially for unmarried couples with blended families. Lucas and Elsa are in this situation, with six children and an agreement in place regarding what happens to their home if their relationship doesn’t work out. However, they have overlooked an important aspect of their estate planning. What happens if […]

Spring clean your beneficiary choices

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https://www.youtube.com/watch?v=Mcjv4vLYBk4&t=10s Say that the holder of a Registered Retirement Savings Plan (RRSP) names their spouse as the beneficiary. Later, the couple divorces. The RRSP holder removes their ex-spouse from their will. However, with all the activity surrounding the divorce, they neglect to change the RRSP beneficiary designation from their ex-spouse to their child. If the […]

Ensure family harmony when planning your estate

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https://www.youtube.com/watch?v=mSqKKg7zWTQ When you leave an inheritance to your loved ones, you intend to give each person some welcome help in meeting their financial and life goals. No one wants an inheritance to cause discord among the beneficiaries. Unfortunately, that can happen in certain situations if plans aren’t shared with beneficiaries in advance. By communicating your […]

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