Robb Lucy has created a web site devoted entirely to a topic of great interest to me. LEGACY!! He is encouraging people to be aware of their legacy throughout their lives and to act accordingly. He sees legacy as much bigger than $$$, and asks yu to consider doing the following:
1. Write your story either […]
The late billionairess hotelier Leona Helmsley (also known as the ‘Queen of Mean’) left her doggie, Trouble, $12 million when she passed away recently. Yes, MILLION.
However, according to new reports, a NYC judge has quietly reduced the pooch’s $12 million trust fund to $2 million and signed off on a deal to pay the late […]
A woman went to her doctor.
The doctor, after an examination, sighed and said, ‘I’ve some bad news.
You have cancer, and you’d best put your affairs in order.’
The woman was shocked, but managed to compose herself and walk into the waiting room where her daughter was waiting.
‘Well daughter, we women celebrate when […]
A tragedy occurred in Toronto when Nazifa and Rahimulla Shahghasy were murdered while running errands last week. Their two children ages 19 and 21 are not only having to cope with the sudden loss of both parents, but there was no will, life or mortgage insurance. The families’ savings was also recently wiped out as […]
Here are the last Legacy Myths from the research study.
Myth # 5 Families Talk About Their Legacy Plans
Most elders ( 68%)thought it was important to talk to their children about their inheritance as well as their legacy. However, the study discovered that less than a third of elders and boomers have had a comprehensive discussion. […]
In my last post, I summarized the first myth of legacy from research conducted by Allianz Life. Here are the next few myths:
Myth #2- Inheritance is the name of the game
Words like ” inheritance” and “estate planning” often met with resistance, anxiety and even fear. The researchers tried to identify what words resonated and connected with […]
Whose responsibility is it to start a conversation about the parents’ wills? It’s frequently awkward for both parents and their adult children. While the older generation often finds it difficult to talk about death, the younger generation has much less difficulty. As my aunt recently commented on the disparity, its because her generation are much closer to […]
Thanks to everybody who sent me a note after hearing my interview yesterday on CBC Sounds Like Canada. I will respond to all my e-mails within the next few days and ask for your patience.
The stories you tell me are filled with so many difficult dilemmas and I wonder if it would be helpful to […]
For my readers who live in Toronto, there will be a four minute spot on Metro Morning, 99.1 FM at 7:20 a.m. The piece will include taped portions of my course. Legacy and Family Estate Planning at Ryerson University, as well as my interview with the reporter. Very exciting!!
As well, I am being interviewed this Monday for Sounds Like […]
A few weeks ago I wrote about the family disagreement with respect to where the aboriginal artist, Norval Morrisseau was to be buried. Four of his seven children are contesting his will saying their father was of unsound mind when he drew up this will and that he lacked approval or knowledge of its’ contents. Gabor Vadas, […]
