Study Highlights Need for Legacy Planning

While COVID-19 has had an immediate financial impact on many Canadians, the uncertainty it has caused has left others eying their legacy.

In our study on how Canadians are responding to the pandemic, a key finding reveals that while many understand their importance,

65% or those polled have yet to complete their will or estate plan.

A similar number of Canadians have yet to discuss their estate plans with their heirs.

The good news is that Canadians understand the value of professional advice and are turning to their advisors for the comprehensive estate planning advice they need. If you’re thinking about your legacy, a transfer of wealth or how to start the conversation with your heirs, a Financial Advisor can now work with you virtually and can even host inter-generational planning conversations with entire families to help ensure the smooth transition of an estate.  

If the pandemic has caused you to consider your legacy, an advisor can help you through the process and set your mind at ease.  

You can learn more about some of the key trends uncovered in our study using the link below.