Your Legacy

Keystone Wealth Management

Your Legacy

Estate planning is not just for the ultra-wealthy. The fact is that money will be left behind after your passing. You worked hard for that money. Shouldn’t it go to those you love or to a charity that shares your values? Make sure your money goes where you want it to be.

If you don’t plan carefully, your estate can be taxed away. There can be many tax liabilities triggered by your passing, and solutions should be arranged in advance. Can you believe that a house passed on to the next generation might have to be forcibly sold to cover the tax bill? A financial advisor can help you avoid preventable situations like this one.

If you don’t have a will, the province steps-in to take control of your assets. With the help of a financial advisor, you can prevent this from happening and create a legacy you can be proud of.

Important items to think about at this life stage:

  • A review of your personal financial solution
  • A will
  • Power of attorney
  • Executor letter of direction
  • Permanent life insurance – legacy and tax bill
  • Family trust

It’s easy to respond to problems in the present, but it’s much more difficult to look ahead with the same urgency, especially for situations we would prefer not to think about.  To ensure you leave the legacy you desire, proper planning is essential.

Take the Retire-Ability Score today and take control of your future!