INFOCUS PODCAST
ECHOES SERIES ON LEGACY PLANNING
The Echoes Series on Legacy Planning, hosted by Mike Gassewitz of TriCert Financial Group, delves into the essential aspects of creating a robust financial legacy. The series begins with foundational discussions on the importance and multifaceted nature of legacy planning, followed by practical guidance on estate assessment and crafting a comprehensive legacy blueprint. Experts discuss the intricacies of tax management, the strategic benefits of philanthropy, and the principles of fair asset distribution. Throughout the series, they emphasize the need for collaborative planning with professionals like your CPA, financial planner, portfolio manager, and legal advisor. This integrated approach ensures that every facet of legacy planning is addressed harmoniously and has a financially sound future for beneficiaries.
Episode 1: Setting The Stage
Mike introduces the concept of legacy planning, emphasizing its importance in leaving a lasting impact beyond financial assets. Gord and Oliver contribute insights into legacy’s multifaceted nature, stressing its role in ensuring financial security and preserving familial harmony. They highlight the importance of comprehensive financial planning and the indispensable guidance of financial advisors in navigating this complex process.
Recorded on March 15th, 2024
Episode 2: Assessing Your Estate
This episode delves into the critical task of assessing one’s estate. Mike and Gord clarify the concept of an estate, stressing the necessity of valuation and the involvement of professionals like financial planners, accountants, and lawyers. They underscore the importance of regular estate assessments to facilitate ease of settlement, debt management, and fulfilling beneficiaries’ needs.
Recorded on March 26th, 2024
Episode 3: Crafting your Legacy Blueprint
Mike and Gord explore the intricate considerations and goals of crafting a comprehensive legacy blueprint. They discuss the importance of aligning parental visions and understanding individual needs, particularly regarding the distribution of assets among children. Gord emphasizes the need for professional guidance in navigating taxation, inheritance, and business succession, underscoring the complexity of legacy planning.
Recorded on March 27th, 2024
Episode 4: Unraveling Tax Complexities
Episode four of our Echoes Series delves into the complexities of legacy planning and taxation. Hosted by Mike Gassewitz of TriCert Financial Group, guests Dylan Domanico and Oliver Lee discuss strategies to manage tax burdens and the collaborative approach involving CPAs and financial professionals. This episode provides essential insights for anyone looking to secure their financial future and plan effectively.
Recorded on May 15th, 2024
Episode 5: Philanthropy & Generosity
In this episode of our Echoes Series on Legacy Planning, hosted by Mike Gassewitz of TriCert Financial Group, experts Dylan Domanico and Oliver Lee discuss enhancing philanthropic impact and gaining tax advantages through strategic charitable giving. They cover methods like cash gifts, in-kind donations, and life insurance to optimize donations. This episode offers insights into integrating charitable giving into your legacy planning effectively.
Recorded on May 16th, 2024
Episode 6: Balancing Inheritance
This episode of Echoes, hosted by Mike Gassewitz of TriCert Financial Group, discusses legacy planning complexities, including asset distribution and rising values. Experts Oliver Lee and Gord Hardie explore strategies for fair, risk-adjusted allocations and stress the importance of early, collaborative planning with professionals like CPAs and financial planners, to secure a harmonious and tax-efficient legacy.
Recorded on June 18th, 2024
Episode 7: Business Continuity Strategies
Mike Gassewitz and Connor Gates discuss the importance of early business succession planning. They outline strategic preparations for a significant upcoming wealth transfer and highlight the roles that key family members and professionals play in ensuring a smooth transition.
Recorded on June 7th, 2024
Episode 8: Ensuring Your Legacy Lives On
Mike Gassewitz, Brad Giroux, and Gord Hardie explore effective legacy documentation and communication, introducing EstateKeeper to help manage estate documents and prevent family conflicts.
Recorded on June 24th, 2024
Episode 9: Receiving the Torch
This episode addresses the responsibilities of inheritance recipients, offering guidance on managing wealth, clearing debts, and making charitable contributions. It underscores the importance of careful planning and consulting with financial advisers to navigate potential tax implications.
Recorded on June 25th, 2024
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