In the final episode of "Life Well Planned," we revisit the lives of Josh and Megan, now in their 70s, enjoying their well-deserved retirement with their children, Charlotte and Rory, who are now in their 40s. The episode delves into the joys and challenges of retirement, family dynamics, and the importance of meticulous financial planning.
As the family gathers for a year-end meeting to discuss their philanthropic endeavours through the family foundation, they reminisce about their journey, from Megan’s and Josh's unexpected inheritance in 2000 to the growth of their coffee business and their commitment to giving back to the community. Along the way, their trusted Raymond James financial advisor, Andy, has been their guiding light, ensuring their financial security and success.
The conversation takes a poignant turn as Megan and Josh discuss estate planning, power of attorney, healthcare directives, and the Letter of Wishes. They also address the possibility of divorce in their children's marriages and how to protect their assets for future generations.
In this heartfelt and informative episode, the importance of comprehensive financial planning, strong family bonds, and the enduring legacy of the family's philanthropy is explored. Listeners will gain valuable insights into estate planning, charitable giving, and the significance of securing a prosperous future for themselves and their loved ones.
Join us for the final installment of "Life Well Planned," where we celebrate the culmination of a lifetime of smart and savvy financial planning and reflect on the enduring power of family and philanthropy. Listen on your preferred podcast platform and discover the secrets to securing your own bright future.
About Raymond James
Raymond James Ltd. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and of the Canadian Investor Protection Fund (CIPF). Customers’ accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca. 3Macs, MacDougall, MacDougall & MacTier and Raymond James Correspondent Services are divisions of Raymond James Ltd. Raymond James Ltd. is an integrated financial services firm. Its subsidiaries, Raymond James Investment Counsel Ltd., Raymond James Financial Planning Ltd., Solus Trust Company and Raymond James Trust (Québec) Ltd. are not members of the IIROC or the CIPF. Please consult each subsidiary’s web pages for applicable corporate, regulatory or membership information.
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Disclaimer:
This podcast is for informational purposes only. Statistics and factual data and other information are from sources Raymond James Ltd. believes to be reliable, but their accuracy cannot be guaranteed. Information is furnished on the basis and understanding that Raymond James Ltd. is to be under no liability whatsoever in respect thereof.
It is provided as a general source of information and should not be construed as an offer or solicitation for the sale or purchase of any product and should not be considered tax advice. Raymond James Ltd. advisors are not tax advisors and we recommend that clients seek independent advice from a professional advisor on tax-related matters.
Securities-related products and services are offered through Raymond James Ltd. member of the Canadian Investor Protection Fund. Insurance products and services are offered through Raymond James Financial Planning Limited, which is not a member of Canada. Investor protection fund.
Certain services mentioned in this series such as mortgages are not offered by Raymond James Ltd. due to Regulatory restrictions and are provided for information purposes only.
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