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The following are some of the questions we help people answer in their LifeLegacy WealthCare plan. Please feel free to explore.
We are happy to schedule a time to discuss with you, your vision of life and how LifeLegacy might be best positioned to help you achieve it.
To schedule an appointment please email: info@lifelegacywealth.com
LifeLegacy Wealth Management - Defined.pdfWhat is Farm Succession?
Succession planning involves the planning and implementation of strategies to transfer labour, knowledge, skills, management control, decision making and ownership of a farm to the next generation.
The farm succession planning process includes:
collecting and analyzing information about your farm
creating options for succession
making preliminary decisions
designing, developing and reviewing your plan
implementing, monitoring and adjusting your plan
LifeLegacy takes a pro-active and co-operative approach to Farm Succession Planning. We work closely with your business, tax and legal advisors to integrate your personal lifestyle plan into a succession transition of your farm.
One of the best resources to review is the Farm Succession Planning Guide
What is Life Insurance?
Calculate your own family's needs over time: My Insurance View .
What is critical illness insurance?
Critical illness insurance provides you with a lump sum cash payment upon a medical diagnosis of covered conditions such as a heart attack, cancer or stroke.
It’s valuable protection that can help you offset the extra expenses that often accompany a serious health condition such as:
Medical expenses not covered by your provincial health care plan
Home care expenses (such as a nurse or housekeeper)
The cost of going to a private clinic or getting out-of-country care
Special medical equipment (such as a wheelchair)
A home renovation or vehicle conversion to make it easy for you to get around
Travel for medical appointments or treatments
Childcare expenses
What about my Estate?
Fiduciary Trust Canada's Trust and Estate department has some insights:
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