Do High-Net-Worth Wealth Plans Require a Team Effort?

Do High-Net-Worth Wealth Plans Require a Team Effort
High-Net-Worth Wealth Plans

Investment professionals are often turned to for guidance on wealth plans. However, if you are a high-net-worth individual or family it’s likely that your financial situation is more complicated than the average, which means there are times your investment professional may wish to engage specialists on your behalf.

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How to Build Generational Wealth

How to Build Generational Wealth
Generational Wealth

Many parents save what they can in the hope that they can pass along some money—perhaps in the form of college tuition or a first home down-payment—to help their children or grandchildren start their adult lives with less debt. But if you’d like to leave behind greater financial security, or even a legacy, then it’s worth learning how to build generational wealth.

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Talking to Adult Children About Their Inheritance

Talking to Adult Children About Their Inheritance

Do you feel uncomfortable at the thought of talking to your adult children about their inheritance? You’re not alone. In many families, the “M” word (money) can be a stressful and emotional subject.

However, delaying the discussion can create more anxiety for everyone. In this article, we provide some suggestions on how to approach the inheritance conversation with your adult children, when you are ready to do so.

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A Discission on Family Business Transition

Watch Kevin Willis of Bloom Investment Counsel, Inc. join Steve Legler for a discussion on family business transition.

“Every family is different and yet the same challenges [regarding family business transition] exist pretty well everywhere and all around the world […].When you work with someone who has the experience with other families, it can help you get over those hurdles.”

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What is Power of Attorney in Ontario and Why You Need to Understand it

What is Power of Attorney in Ontario and Why You Need to Understand it

If something should happen to you such as an accident or illness that impacts your ability to make financial and/or personal care decisions for yourself, then who will make those important decisions for you? That is why, once you have passed eighteen years of age (sixteen for personal care), you can and should have a Power of Attorney in place. This article covers the basics of power of attorney in Ontario and why you need to understand it.

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