Echoes Series on Legacy Planning: Balancing Inheritance

In this episode of our Echoes series on Legacy Planning, Mike Gassewitz, CEO of TriCert Financial Group, explores the complexities of balancing inheritance with guests Oliver Lee, BMath, head of TriCert Insurance Agency, and Gord Hardie, CFP®, CIM, head of TriCert Private Wealth.

They discuss the concept of fair versus equal distribution of assets, particularly in the context of rising land and business values. They delve into the importance of fairness, risk-adjusted allocation, and the necessity of early and ongoing planning. The conversation also highlights the roles of various professionals, including CPAs, lawyers, insurance specialists, and financial planners, in ensuring a well-rounded and tax-efficient legacy plan.

Tune in to understand how to navigate these challenging decisions and ensure a harmonious legacy for future generations.

 

Recorded on June 18, 2024