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Preserving Wealth by Mba Cfp(r) Lumsden, Paperback | Indigo Chapters

Compare Preserving Wealth by Mba Cfp(r) Lumsden, Paperback | Indigo Chapters

Mba Cfp(r) Lumsden

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Toronto-based research firm Strategic Insight projects that approximately $1 trillion in personal wealth will be transferred from one generation to the next in Canada between 2016 and 2026, with roughly 70% of that in the form of financial assets." - Advisors Edge January 30, 2018"70 % of Wealth Transfers fail."- The Future of Estate Planning. Trusts and Estates June 2010"65% of Canadians say it's likely they will leave an inheritance to their heirs or estate but only 46% of Canadians have a will." - Sun Life Canadian UnretirementTM Index, 2015.Experts estimate that $1 trillion of inheritances will pass from one generation to the next within a decade in Canada. In addition, many individuals are selling their businesses, resulting in substantial gains. Accordingly, the ability to effectively manage one's wealth and prepare and implement a proper estate plan is no longer just prudent. It's crucial. Jack Lumsden is an experienced financial advisor who uses an easy-to-read narrative style to clarify financial planning concepts that everyone needs to know. Preserving Wealth explains: -Investment strategies to provide for growth and protection of capital, -How to develop an effective estate transfer plan to reduce estate costs and taxes, -Strategies to preserve wealth and safeguard an inheritance or gift for the next generation, -How to select an executor, and what to do if you are an executor, -The critical discussions to have with your family, and-How to assemble a financial team. | Preserving Wealth by Mba Cfp(r) Lumsden, Paperback | Indigo Chapters

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