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Asking the Right Questions

How do you want to be remembered?

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We will all leave a legacy - for better or for worse. Many people just let life happen. They don't get to decide who their legacy will benefit - or even if it will benefit anyone at all. At YourLegacy.ca, we are here to help you take control of your legacy. We will help you define how you want to be remembered, and then we help you make it happen!

 

Not every legacy is defined by dollars or driven by a desire for wealth. Rosa Parks wanted an education, and became an international symbol of civil rights. Frederick Banting wanted to cure his child's illness and created a legacy of lives saved with his discovery of insulin. Abraham Lincoln was a poor country lawyer who lost every election with the exception  of one. His abiding legacy is measured in wisdom and statesmanship, not by the $5 bills his image appears on.

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What you do with who you are is more important than what you do with what you have.  What does that mean exactly?

 

At YourLegacy.ca, we assist you in defining your legacy, and guide you to realize its worth, then guide you through the process in achieving a well defined plan of action. Our greatest satisfaction comes from helping you create a "Life Worth Living and a Legacy Worth Leaving.

Many people think that financial planning is about finances, when it is really about life. Good financial planning is about using your resources most effectively to create the life you want to live and the legacy you want to leave. Your first step in the process is to better understand where you are in your life cycle right now.

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Let's look at one model that might help determine your current life stage. In his book, The Entrepreneurial Journey, Norm Trainer writes about his understanding of the stages of our journey - in business and in life. In each stage, we tend to focus on certain common themes or questions. The type of questions you most often ask yourself about your job, financial circumstances or your business will help you determine where you are right now. Typically, businesses and individuals either grow, by struggling through each stage, or they become stuck at some point along the way for a variety of reasons.

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SURVIVAL

How do I get paid to implement my ideas and is it enough?

SUCCESS

How do I keep up with increasing demands?

SUSTAINABILITY

Now that things are working, how do I make sure they keep on working?

SIGNIFICANCE

When are enough things enough?
Isn't there something more satisfying or meaningful? 
If I died now, who would care beyond my immediate family?

SUCCESSION

How do I pass on my values? 

How do I pass on my wealth?

How does my business prosper without me to drive it?

How does my family prosper without me to provide?

It is in the last two stages, Significance and Succession, that the value and expertise of YourLegacy.ca advisors is truly demonstrated.

 

We specialize in helping people find and fund the actions that bring increased significance to their lives. In essence, we develop strategies designed to help you create a Life Worth Living and a Legacy Worth Leaving.

 

Here are just a few of the strategies that we have implemented for clients in these stages of life and business.

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  • Have Your Cake - Eat it - Be Immortalized

  • Creating an Estate Bond

  • Charitable Remainder Trust

  • Estate Equalization

  • Business Succession Planning

  • Reducing Taxes with an Estate Freeze

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Family

Let's Connect

30 Duke St. West, Suite 405 
Kitchener ON N2H 3W4


T: 519-743-5404
TF: 1-800-814-9574

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