Program tailored to address changing financial and non-financial needs as clients age
This type of trust can be especially useful for clients with blended families
In this week’s Gaining Altitude, Dan Richards, CEO, Client Insights, explains how difficult it is for clients to discuss money with their adult children. He gives tips on how families can start the inheritance conversation now.
EstateMax is a new permanent participating life insurance plan
New legislation will require more detailed information about assets
Clients can benefit from greater tax-planning flexibility under legislation proposed in the 2014 federal budget
Once an estate plan is finalized, it’s critical to ensure the right person – or team of people – is appointed to execute it, especially when family tension exists
Tom Junkin, senior vice president, personal trust services, Fiduciary Trust Company of Canada discusses the top three issues advisors need to raise when planning for clients with blended families.
When working with blended families, advisors have the difficult task of helping clients ensure their estate plan accounts for their children, stepchildren and spouse — as fairly as possible
When clients settle down with new partners, advisors should help them make the appropriate adjustments to their estate plan