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Why is family wealth planning important?

Ask the professionals - June 2018

Written by Dave Lee
June 14, 2018

It is important to take steps today to prepare future generations while sustaining growth for family wealth across generations to come.

The transition of family wealth to future generations can be easier when there is a plan in place. Money always transfers with a message, so making that message to the family intentional, clear, and constant is critical. This can be done through a documented and agreed upon family vision. Together with Dave Lee, Scotia Wealth Management specialists bring their skills and expertise to the consideration of what you’ve accumulated – and how to best administer it through life’s changes.

What is your overall purpose in life? What is most important to you? The answers to these questions will establish the basis on which decisions are made within a family and set the groundwork for a family’s vision – and what kind of legacy they want to leave.