By: Jeffrey Greenfeld, CFP®, RIS, EPC

Investment Advisor, iA Private Wealth Inc.;
Insurance Advisor, iA Private Wealth Insurance

Dear , in this edition, I talk about:

1. Estates Gone Wrong Webinar

2. Melissa Thrasher

3. Family Caregivers of BC
4. Critical Illness Insurance

Estates Gone Wrong Webinar

July 6th at 9 am PDT

Recently I have been speaking to many of my clients about how important it is to have their estate plan in place. A well-designed estate plan will set your family up for success instead of an “estate gone wrong” with significant delays, family conflicts, and even legal disputes.

Join us for our free webinar where we’ll cover:
 

» Real-life cases of estate planning oversights and their unintended consequences

» Insights into how these common pitfalls can be avoided

» How the landscape of intergenerational wealth transfer is changing

» 5 reasons why careful estate planning is so important

I really encourage all of you that are close to or in retirement to sign up!

Invite your friends and family members as well.
 

[*Products offered through referral program. Only products offered through iA Private Wealth are covered by the Canadian Investor Protection Fund.]

We have a new Associate Investment Advisor!

I am pleased to announce that Melissa Thrasher is our new Associate Investment Advisor!

Melissa has spent the last 12 months studying and completing all her securities courses to become licensed in the province of BC. She will now be able to take your instructions for buys, sells, withdrawals, and contributions to name a few. Melissa will continue to assist in setting up accounts for existing and new clients as well.

I look forward to working with Melissa to address all our client's wealth management concerns. Please do reach out and congratulate Melissa the next time you speak with her.

Support for Caregivers of all ages in BC

Interview #9 - Family Caregivers of BC

Jeff: Welcome to our interview series, Barb. Can you please tell me more about the Family Caregivers of BC and how it provides support for family caregivers?

Barb: The mission of Family Caregivers BC is to improve the quality of life for family caregivers through support, information, and education. We provide leadership to strengthen the voice of family caregivers and the significance of their role. Our provincial organization provides support through one-on-one emotional support, caregiver support groups, health care system navigation resources, podcasts, webinars, workshops, and free information such as our eNews, blogs, and Caregiver Connection Magazine. Caregivers need support too!
 

Jeff: Barb, we have some clients that are caregivers who could really use your services. What is the best way for them to get started with FCBC in terms of support?
Barb: The BC Caregiver Support line, and the FCBC website are both resources that are free to use and offer help with:

· Information and referral to resources

· Healthcare navigation

· Emotional support

· Access to support groups

· Access to webinars, articles, and resources specific to your needs

CAREGIVER SUPPORT LINE: 1-877-520-3267, 8:30 am – 4:00 pm PT, Monday to Friday

FCBC WEBSITE: www.familycaregiversbc.ca
 

Jeff: I noticed on your website that the FCBC has a lot of resources. Can you describe some of them?
Barb: Everyone’s situation is a little bit different. The Resources and Education section of our website is where anyone who is a caregiver can learn the skills and information needed to be successful in their role.
 

A great place to start is the Caregiver Learning Center where caregivers can select whether they want to read information, listen to podcasts, watch videos, or take a free online class. The Learning Center offers free resources in everything from accessing community resources, financial information, legal information, healthcare navigation, and much, much more.

Financial security or life-saving treatment?

Ensure you don't have to choose between the two

A failure of health isn't something any of us like to think about. But it can happen! The good news is that thanks to improvements in healthy living and medical science, there is a good chance you can recover and get on with life but what about the impact on your financial plans?

Recently, a family member of mine with a critical illness (CI) was given the option to try some relatively new drugs that were not covered by our healthcare system. After evaluating her financial situation, her husband and she declined as they did not have the money to pay for it. In the end, the family decided to help fund the cost and she was able to proceed with the new treatment regime and improve her recovery odds. Unfortunately, not everyone has this option available to them.

 Deciding between money in the bank and treatment that could help save your life is not something anyone should have to do. Yet, most of us will experience a critical illness at some point in our lives.

Luckily, by purchasing CI insurance, you would not be forced to choose. Having a CI policy puts you in the driver's seat and allows you the flexibility to choose how you want to spend the money. For example, you can:
 

• Find the best health care available – anywhere

• Hire a nurse or caregiver to help you at home

• Make mortgage payments

• Replace lost income

• Pay for medication and treatment not covered by the government or employer plans

• Cover travel for treatment/hospital stays

• Complete home renovations to accommodate illness

If you are interested in a CI quote or want to learn more, call our office or book an appointment today!

[*Source: Manulife Financial]

This information has been prepared Jeffrey Greenfeld who is an Investment Advisor for iA Private Wealth Inc. and does not necessarily reflect the opinion of iA Private Wealth. The information contained in this newsletter comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors. The Investment Advisor can open accounts only in the provinces in which they are registered. iA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. iA Private Wealth is a trademark and business name under which iA Private Wealth Inc. operates. *Insurance products are provided through iA Private Wealth Insurance which is a trade name of PPI Management Inc. Only products and services offered through iA Private Wealth Inc. are covered by the Canadian Investor Protection Fund.

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