Leaving a legacy: are you prepared?
Do you have an up to date will that you feel expresses your wishes regarding what you will leave behind?
Does your plan provide the right amount at the right time with as little as possible going to taxes and probate?
Does your will and/or plan protect your RRSP / RRIF or other investment accounts from taxation?
Does your current will clearly set aside sufficient funds to cover costs such as funeral expenses?
Did you answer "no" or "maybe" to any of these questions?
If so, now may be the time to discuss your plan with a professional estate planner. Through Bible League Canada and Advisors With Purpose, we can connect you with a planner for a complimentary consultation. Simply complete the contact form below. Alternatively, you can try the online estate planning tool.
May 26, 2020
7:00pm - 7:45pm EDT
The Impact of COVID-19 on your Estate Plan
These challenging times can create some uncertainty and anxiety about whether you actually have your house in order. In fact, Canadians are contacting legal professionals in record numbers to ensure that they have an up-to-date Will in place.
Before you create your Will, it is important to plan well. It is reported that 70% of Wills do not end up meeting the intended objectives. Creating a plan for your will ensures that you have taken into account any tax implications, discussed options for the best way to pass on your stuff, thought about who would be the executor and considered your specific situation.
June 2, 2020
7:00pm - 7:45pm EDT
The children have grown, life is changing and you are dreaming about the next chapter in life.
Creating a plan for your Will ensures that you have taken into account any tax implications (and there are probably more than you think), looked at options for powers of attorney and living Wills as you age, discussed options for the best way to pass on your stuff, thought about who would be the best executor and considered your specific situation.
Our partners at Advisors with Purpose will help you consider these and other questions because you know "It's Time" again.
The Joy of
Key Reasons to Review
your Estate Plan
What Businesses Need to Know
about Estate Planning
8 Mistakes Not to Make
in your Estate Planning
Your legacy is a reflection of who you are
Your will is the last statement you get to make in life, and estate planning is a powerful chance to choose which values to pass on. There are many benefits to including charitable donations in your estate plan:
- Create a legacy reflecting what matters most to you
- Impact the next generation of God’s work
- Create tax credits that benefit your loved ones