Episode description
Economists say that over the next four years over a Trillion dollars will be moved from parents to kids in Canada. If you're lookling to better understand how to get money to your kids or are looking to start a conversation with family members then this weeks episode can help get that informed dialogue going and understand the benefits and limitations of estate planning.
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Useful Resources:
Macleans's article on intergenerational wealth transfers: https://www.macleans.ca/economy/generational-wealth-often-comes-in-the-form-of-down-payments-and-trust-funds-does-it-also-include-grocery-runs/#:~:text=Kang%20says%20wealth%20is%20%E2%80%9Cthe,by%202026%20is%20the%20largest
From Manulife "Preparing your family for the great wealth transfer": https://www.manulifeprivatewealth.com/ca/en/viewpoints/investor-education/preparing-your-family-for-the-great-wealth-transfer