Most Canadians think they've handled legacy planning. A will somewhere, a beneficiary named years ago. That counts, right?
Not really.
Ten gaps that cost families more than they expect: https://t.co/CZCqgJ1nAO
#EstatePlanning#nexsteps#estatefiles
Blending families means estate plans need updating. It's not about trust, but preparedness for life's uncertainties and eventual passing. Ensure your plan reflects your current reality. https://t.co/c4P1UOgCcT #nexsteps#EstatePlanning#FamilyLaw
Blended family estate planning isn't plug and play, and the gap between what people assume and what's documented is where most conflicts begin. New article: https://t.co/c4P1UOha2r #EstatePlanning#BlendedFamilies#NEXsteps
When did you last look at your estate plan?
If the answer is "when I made it," this post is for you.
https://t.co/5IQaMlVxIh
#nexsteps#estatefiles#EstatePlanning
Most people don't realize how many decisions go into a will until they're already in the lawyer's office. Do the thinking first. https://t.co/sNXnmXLOoh
EstatePlanning #nexsteps
MAID gives you time to plan. New article on what planned death means for your will, your executor, and your documents. https://t.co/Nzi1RbUuBV
#EstatePlanning#MAID#NEXsteps
Your will probably doesn't cover your crypto, PayPal, or digital photos. Most don't. In Plain Sight™ helps you document it all before it becomes your family's problem.
https://t.co/RmFNJESvTX
#nexsteps#EstatePlanning#DigitalAssets
The Golden Girls knew a thing or two about retirement strategy back in 1985 that many planners miss. Could their lifestyle be sustainable today, even in Canada? https://t.co/hVIyeNVAq5 #nexsteps#RetirementPlanning#FinancialLiteracy
What would the Golden Girls' retirement look like in Canada? I ran the numbers. CPP, OAS, Victoria real estate, and zero healthcare bills. The results are more interesting than you'd think. https://t.co/hVIyeNW8fD #GoldenGirls#CanadianRetirement#EstatePlanning#nexsteps
Estate administration is often more complex than expected. Executors frequently run into avoidable issues like missing assets, early distributions, and communication breakdowns.
A breakdown of common mistakes here: https://t.co/td7xhrbdCg
#nexsteps#estateplanning#executors
A community administrator shared a sobering thought: many under 30 are dying unexpectedly. Don't wait for tragedy to strike. Planning ahead is crucial. https://t.co/5g0tVg7W2K #nexsteps#WillPlanning#EstatePlanning#LifeLessons
Estate planning isn't just for the wealthy or elderly. What happens if you're incapacitated? Without a power of attorney, bills go unpaid. https://t.co/5g0tVg7W2K #nexsteps#EstatePlanning#FinancialLiteracy
Your 20s and 30s are exactly when estate planning matters most. Accidents don't check your age first. New article: what young adults actually need in place and what happens when they don't have it. https://t.co/5g0tVg8tSi
#EstatePlanning#EstatePlanningCanada#nexsteps
This Wednesday at 10am, Wellings of Calgary is hosting a Conversation Cafe and I'll be speaking. Estate planning, real conversation, clear direction. 📍120 Na'a Crescent SW #EstatePlanning#Calgary
Generational wealth is bigger than just the money. It's the plan behind it that makes it last.
The latest from The Estate Files: https://t.co/QzK8cQmbNH
#EstatePlanning#GenerationalWealth#nexsteps
Executors in Canada are entitled to compensation for their work, a concept often misunderstood. It's recognized that this role demands significant time and organization, making compensation fair for the onerous task. https://t.co/6Ca7pgniIF #nexsteps#EstatePlanning#ExecutorTips
Executors in Canada are legally entitled to compensation, but most family executors don't claim it, and most beneficiaries don't know it's coming out of the estate. https://t.co/6Ca7pgnQyd
#estateplanning#nexsteps#executor
Waiting too long for legal documents means it might be too late due to cognitive decline. You need legal capacity to sign, meaning you understand the document, its consequences, and the powers you're giving away. https://t.co/9gDeimxIaW #nexsteps#EstatePlanning#LegalDocs
Someone dies. There's no will. Now what?
When there's no will, the law decides. This week on The Estate Files, I break down what intestacy means and what comes next.
https://t.co/QLqy7qBPSJ
#intestate#nexsteps#estatefiles#estateadministration