Kevin Greenard’s Post

Wishing all of the mothers in our lives a happy Mother's Day!

When we are working with our clients in creating an estate plan, one question we ask clients is if they have any pets. For many of our clients, their pet is a member of the family. Your pet is dependent on you for its survival and well-being. A plan should be in place if something were to happen to you. When we ask clients about who will take care of their pet(s) when they pass away, many have not considered the matter let alone made any concrete plans. Click on the link below to view this week's Times Colonist article on including your pet in your estate plan! https://lnkd.in/guq_jHvG

Super proud of our team, congrats Luiz!

Super proud of our team. Congrats Jacob!

On April 16, 2024, Canada's Deputy Prime Minister and Minister of Finance, Chrystia Freeland, delivered the 2024 Federal Budget. There are many new spending initiatives within the budget. Simply put, to pay for these initiatives, they must raise tax revenues. One way the government has addressed this is by increasing the capital gains inclusion rate for individuals, corporations, and trusts, with an effective date of June 25, 2024. Click on the link below to learn more! https://lnkd.in/gbwrxPVJ

As we all age, many adults have financial and medical concerns relating to their care as they become older. Portfolio managers who prepare estate plans for their clients should address many of these concerns. Having capacity in managing your own affairs is the cornerstone of estate planning and why we encourage people to plan early. If someone becomes incapacitated, then they lack the ability to sign legal documents. One legal document that covers health care is called a Representation Agreement. Click on the link below to learn more! https://lnkd.in/gRsrbw3H

One of the components of estate planning is to encourage our clients to begin thinking about their future health care treatment. Family, friends, and health care provider(s) can all be a great resource for discussion. Click on the link below to learn more! https://lnkd.in/gvAbqJmz

Our team is hiring! If you have experience and are looking to join a high performing Wealth Management team, we'd love to hear from you. Click on the link below to learn more and apply to join our exceptional team.

In our experience, as many individuals age, they focus on their retirement planning and ensuring that they have enough funds invested to support their desired lifestyle throughout their retirement. Additionally, they will seek out a legal professional to ensure they have updated Wills, Powers of Attorney, and medical directives. Another part of this is updating beneficiaries and contingent beneficiaries on registered accounts. However, what happens in between the date of retirement and the date of passing is often left un-planned. This week's Times Colonist article discussed the available resources to help as you age. Click on the link below to learn more! https://lnkd.in/grQ6DC4i

Helping aging parents with estate planning may not be the easiest topic to bring up. We have written many articles that provide tips on how to estate plan for yourself, but this week's Times Colonist article addresses dealing with our parents as they age. Click on the link below to learn more! https://lnkd.in/gyi4Kw5f