Leaving a Legacy

Coping with the loss of a parent
Death is never easy – and losing a parent is among the most emotional and difficult of losses. It doesn’t matter if your parent’s passing was long expected or sudden, your life is transformed when someone close to you dies. You may not realize it at the time, because the death of a parent is always a sad and difficult event, but a new beginning will be waiting for you when you are ready. A new beginning could give you an opportunity to make sure your parent’s legacy is passed on as they wished and a chance to use an inheritance in a way that makes the most sense for you and your family...more
Investors Group Charitable Giving Program
During our lifetime, we often measure our success by tangible accomplishments. We own homes, vacation properties, stocks, bonds, mutual funds, and other valuable assets. Sometimes, we measure our success by our achievements in the workplace. While these are important, they are only a small part of the impact we want to have on our communities...more
Special estate planning needs for blended families
Blended families, created by the marriage or common-law relationship of partners with children from a previous relationship, are becoming increasingly common. Being a member of a blended family can create added complexities to estate planning situations. If you want to ensure that your legacy is passed on according to your wishes there are many issues you need to consider...more
Your parents, spouse and estate planning - Now is the time to tackle the tough questions and put future financial matters to rest
When was the last time you discussed estate matters with your parents or spouse? If you're like a lot of Canadians, the answer is probably never. Nearly half of Canadians over age 45 have not talked with their parents about their funeral plans, or leaving a legacy for younger generations in the family. Three out of four Canadians have not participated in a meeting with their parents and siblings to discuss their parents' wills...more
Probate costs, estate taxes and preserving your legacy
Folk wisdom is often expressed in short, memorable sayings like this: Don't jump over a dollar to save a dime. And that's a good one to take note of - especially when it comes to the potential cost of overeager attempts to save on probate fees. By focusing too closely on those costs, people run the risk of saving a few nickels and dimes on probate while paying way too much in income taxes...more
Why it's important to have a will
Good financial planning is all about providing for you and your family. And while nobody likes to dwell on it, that means ensuring your loved ones are taken care of after you die...more
Beneficiary designations
You no doubt thought long and hard in deciding on the beneficiaries to include in your will. But your will isn't the only document you can use to name beneficiaries...more
Giving your best
Irene and Bill McLennan * grew their nursery business from the seeds of hard work and determination—and now, everything's comin' up roses. "It took a lot of years and too many hours to count but, finally, our personal and financial lives are just terrific," affirms Bill. "Irene and I have always been very community oriented people and now we are in a position to provide some very tangible support. But how do we best go about it?"...more
Keeping your family haven all in the family
Many owners of vacation property want to pass along the family retreat for the enjoyment of the younger generation. But keeping a vacation property in the family can be a complicated task...more
Passing an inheritance to your grandchildren
Is it better to leave your assets directly to your beneficiaries or through a trust? It's a difficult choice...more
Why everyone needs power of attorney
People have finally caught on to the importance of having a valid will. Now the push is one to ensure that Canadians also set up another important document called a "power of attorney."...more

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