Although people would rather avoid discussing their intentions with their loved ones, much potential future conflict could be mitigated if there’s a will in place
Discussing these issues can save your clients trouble in the long run
Creating a family playbook can help ensure everyone feels well prepared for the years ahead
Clients are likely to appreciate having potential problems flagged
Failure to plan can leave families with messy problems after clients pass away
GWL, Canada Life and London Life are making the Estate Protection series available to clients between 80 and 90 years of age. The series has a 100% death benefit guarantee
Hillary Clinton and Donald Trump have completely divergent proposals on how to deal with U.S. estate taxes. Here's what to keep in mind for your clients who reside in the U.S. or who own property in the U.S.
You can prevent or minimize conflict by holding family meetings and taking the heat for unpopular decisions
In part 3 of our series, “Fresh perspectives on estate planning,” Peter Drake, former vice president, retirement and economic research, Fidelity Investments, Canada, discusses how kids’ expectations of wealth transfer are becoming increasingly unrealistic. He gives tips on how to broker communication between parents and the next generation about inheritance and retirement planning.
In part two of a three-part series, “Fresh perspectives on estate planning,” Peter Drake, former vice president, retirement and economic research, Fidelity Investments, Canada, discusses how to manage financial planning and family dynamics between the death of the first and second spouses.