In this exclusive webinar, we will present key findings from our 2024 consumer survey and discuss the changing landscape of estate planning in Canada. We are delighted to be joined by Jordan Atin (Hull & Hull LLP) and Dr. Sara Johnson (RBC Wealth Management), who will share expert insights into why so many Canadians remain unprepared, the challenges of modern estate planning, and practical solutions for individuals and professionals alike.
Stephen Hawking once said, “Illusion of knowledge is the greatest enemy of knowledge; ignorance is its second greatest enemy.” This is especially true in estate planning, where many Canadians are unaware of the full extent of their assets, leading to unclaimed inheritances, legal disputes, and financial loss. Our research highlights a concerning trend—only a third of Canadians have an estate plan, nearly half do not have a valid or up-to-date Will, and billions of dollars in assets remain unclaimed due to poor planning and record-keeping. As estate planning habits shift and digital record-keeping increases, ensuring a secure legacy requires greater awareness and action.
Key Topics Include:
1. Why Don’t More Canadians Have Wills? – We’ll ask the experts about their experiences handling intestate estates and discuss the legal and financial complications caused by dying without a Will.
2. The Importance of Estate Planning – With only a third of Canadians having an estate plan, we’ll explore why planning is often overlooked, what typically prompts individuals to take action, and how proactive estate management can prevent future complications.
3. What’s Your Estate Worth? – Many Canadians underestimate the value of their estate, particularly when it comes to property. We’ll examine the common misconceptions about estate value and why accurate assessment is critical for effective planning.
4. The Digital Shift – As financial records become increasingly digital, missing paperwork can cause major challenges in estate settlement. We’ll discuss the risks of a disappearing paper trail and strategies to ensure financial information remains accessible.
5. Unusual Gifts in Wills – From sentimental items to surprising bequests, we’ll take a closer look at some of the more unexpected gifts left in Wills and the legal considerations that come with them.
Join us as we break down the data, explore real-world implications, and provide practical strategies for estate professionals and individuals looking to navigate the evolving world of estate planning. As estate planning habits shift and digital record-keeping increases, ensuring a secure legacy requires greater awareness and action.