Embedded Files
It has been a while since our last LifeLegacy Update. Like many of you, we receive a steady stream of emails, texts, and social media messages, so we have been intentional about not adding unnecessary noise to your inbox. We continue to believe the most meaningful connections happen in person, through real conversations and long-term relationships. At the same time, we know life is busy, and an occasional update is a helpful way to stay connected.
Speaking of connection, we were thrilled that our 4th annual LifeLegacy Day at the Ballpark was such a success. The weather was fantastic, the Gulls gave us a big win, the food and drinks were great, and we enjoyed spending time with everyone who was able to attend.
Speaking of connection, we were thrilled that our 4th annual LifeLegacy Day at the Ballpark was such a success. The weather was fantastic, the Gulls gave us a big win, the food and drinks were great, and we enjoyed spending time with everyone who was able to attend.
Rob and I truly appreciate the opportunity to visit with clients and their families in a relaxed setting, share our love of baseball, and enjoy an evening together outside the office. There were prizes, plenty of laughs, and Rob even had a close race against SnapMan. Thank you to everyone who joined us. We hope you had a great time, and we look forward to more opportunities to connect in the future.
LifeLegacy is also proud to support local charities and community events. You may see us at a golf course near you this summer for a charity tournament. If there is a charity that is meaningful to you or your family and is looking for support, please let us know. We are always interested in ways we can help strengthen the communities our clients care about.
As we all know, summer in Central Alberta can feel short. We hope you can enjoy time with family, friends, and the places that matter most to you. We are open for business throughout the summer, but there may be an occasional Friday afternoon when the weather is simply too nice to stay in the office.
Even during the summer months, life continues to move forward, and so do your family’s planning needs. Our work with portfolio managers has allowed our team to stay focused on what matters most: helping you make thoughtful financial decisions that support your lifestyle, family, and legacy. Your decisions should not be driven by the daily news cycle. Our role is to help you stay grounded, informed, and focused on your long-term goals.
With that in mind, we are pleased to share that we have clarified and expanded how we describe our planning services for clients and their families.
For many years, our LifeLegacy WealthCare process has helped families, business owners, and farm families navigate complex financial decisions. We also recognize that the scope of the service can sometimes make it feel like it is only for those who are already well established financially.
We have always been happy to help family members at different stages of life, regardless of where they are financially. We realized we needed to communicate our offering more clearly, so we have repackaged part of our service in a more approachable way.
Introducing LifeStage Planning
LifeStage Planning is designed to support younger family members and others who are making important financial decisions early in life. This may include saving for a first home, paying down debt, planning a wedding, starting a family, or simply wanting guidance before making a major decision. Many of our long-term client relationships began with conversations just like these.
We want our clients to know that we are here for the next generation, and we are just as committed to helping them build confidence and make good decisions. For more information please download our LifeStage Kickstart kit.
We have also clarified and expanded our offering for clients with business, real estate or farm interests.
L.I.F.E. Planning for Families, Farms, and Business Owners
L.I.F.E. Planning stands for LifeLegacy Integrated Family Enterprise Planning. It reflects the work we have been doing for many years: helping families coordinate financial, tax, estate, business, and succession decisions in a practical and integrated way.
This type of planning can be especially important when family dynamics, tax rules, business operations, or farm succession decisions become more complex.
We have written a whitepaper outlining some of the key issues around farm succession and are sharing it with professional advisors, including lawyers, lenders, and tax advisors. If you would like a copy of the whitepaper, please download here.
LifeLegacy Wealth Planning
With these newly aligned service offerings, our core LifeLegacy Wealth Planning experience has not changed. You will continue to see the same commitment to your ongoing needs. LifeLegacy Wealth Planning remains the experience you know: dedicated service, comprehensive financial planning, estate planning, and access to leading portfolio services.
Some additional services that many clients may not know we offer include:
1) Retirement cash flow: Tax-free retirement cash flow through reverse mortgages provided by HomeEquity Bank and Equitable Bank.
2) Online investing: Online brokerage accounts with access to individual securities through Qtrade Direct Investing.
3) Insurance lending: Specialized insurance loans for immediate financing of insurance premiums or cash value borrowings to fund business expansion or supplement retirement income.
4) Group benefits alignment: Partnerships with group benefit specialists to align individual financial goals with the plans provided by employers.
As we review your financial plan, if these services can enhance your ability to achieve your goals, we would be happy to integrate them into your plan.
Key Focuses for the Summer
As we progress through the summer months, we will be updating financial plans with your latest tax and financial information, scheduling mid-year portfolio reviews and addressing some compliance documentation requirements. If you have any pressing questions or items that you want to address, please reach out to arrange a meeting.
Look forward to seeing further communications as we roll out some new options for you to securely share your financial data and complete our compliance documentation. We are working with our technology providers to provide a secure portal that can provide you with ongoing access to your reporting and documentation from LifeLegacy as well as a secure portal to store and share your confidential information with LifeLegacy and potentially your other approved of professionals, executors etc.
As always, if you or someone in your family would benefit from a conversation, please reach out. We are grateful for the trust you place in us and look forward to staying connected through the summer and beyond.
We hope that you have a great Father's Day weekend and get some time to connect with your families. Enjoy the Summer!
All the Best, Ed & Rob
Report abuse