Estate planning is not just ensuring you have a Will in place. There are many ways to plan for your incapacity or death. Whether you are married or not, a young adult or nearing retirement, estate planning is often one of the most overlooked aspects of a person’s financial plan. If you have a Will in place or not, it is important to ask yourself whether you are confident that…
…you have properly executed legal documentation naming somebody to act on your behalf should you be unable to while living?
…that you’ve named a trusted contact for your team to reach if they suspect you’re the victim of financial elder abuse?
…your Will names an executor (and a backup) who is willing, able, and understands the depth of the role?
…your executor will be able to quickly access an inventory of your accounts and belongings?
…daily accounts would be immediately accessible to those needing to step into your shoes?
…investments accounts are set up to pass to beneficiaries without any unintended tax implications to them or other beneficiaries?
…that your estate plan limits tax payable on your death, while still ensuring your estate will be protected from abuse?
…that any adjustments to accounts while living are not creating unintended long-term tax consequences?
…your life insurance coverage is sufficient to allow your family to manage monthly bills after your death or the death of your spouse?
If you’re not certain your plan is up to date or optimized to ensure efficiency and ease for your family, call us today for a no-obligation review. From financial and investment planning, to legal and accounting contacts, our team can help guide you to complete your plan.
Evangeline Wealth Management is a full-service Wealth Management company with more than 30 experienced, highly qualified, Financial Advisors and experienced support staff throughout Nova Scotia, offering independent advice.
We use a simplified, uncluttered, yet higly proven process when ultimately preparing unbiased financial recommendations for you. This may be done through a combination of in-person meetings, email and telephone, depending on your preference and your schedule.
Your financial information.
Your current financial and investment strategy.
Your goals & investment objectives.
Your customized action plan.