LifeLegacy Resources
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