Wealth management for your future and your heirs.

An Estate Plan involves more than just Will preparation. It is a process which will aid you in identifying specific goals and objectives. A properly created Estate Plan will allow you to influence the future when you are either unable to make a decision or are no longer around to do so.

The Education Credit Union offers over 33 years of experience in estate planning and trust services for member individuals and their families. Working with your own personal attorney or through the barrister referral service available at the credit union, our planners will help to identify your needs and unique circumstances.

Two corner stone documents of any Estate Plan:

Will

Is a legal document dealing with an individuals wishes for the dispersal of their assets upon death. It is recognized as an essential part of any estate plan.

Power of Attorney (two types):

Personal Care (Living Will/Health Care Directive)

Is the appointment of an individual to make health care and personal decisions in the event of the incapacity by the grantor.

Property

Is the appointment of a personal representative to act on behalf of a grantor in cases dealing with finance, where they are unable. This appointment can be quite broad when dealing with financial matters or it can be limited to a specific transaction.

Review your Estate Plan

Life is ever changing; marital status, occupation, the birth or adoption of a child, moving or the start up of a new business. All events will have an impact on your estate plan and require the need for a regular review.

Contact Us
ECU Wealth Management Eva Englehutt CFP 519-742-9370 Click to email evae@ecusolutions.com Jo-Ann Spicer CFP FMA EPC 519-742-9998 Click to email jspicer@credential.com

• Presumptions regarding Joint Accounts looks at an actual case that clearly sets out the reasons why, when individuals are named joint on an account, they should not assume they are automatically entitled to receive the funds, particularly when the surviving owner is not the sole beneficiary under the deceased’s Will and/or he/she is the Executor.
• As individuals, we all think of ourselves as having “one name”.  However, if we look at our identification, financial statements or our Will, we are likely to find we use different names in different situations.  Who are You? looks at this seldom-thought-of estate planning issue.
• Organ and Tissue Donation
• Of Course My Executor Will Do A Good Job!
• The Question of Survivorship
• Trustees - These are your responsibilities
• CCH Canadian Limited has generously granted permission to Concentra Trust to reprint excerpts of the article "Implementing Estate Freezes" which appeared in the August 2005 issue of taxWORKS® Tax Notes®. Although the entire article is substantially longer, the excerpted portions should provide insight into the topic of estate freezes.
• Providing for dependants has long been a legal and moral requirement when it comes to the distribution of an estate. Dependants Have Rights! examines a court case where a dependant child had not been provided for and the steps that had to be taken to rectify the matter.
• Estate planning can be challenging. If your members are in a same-sex relationship, they may face additional, unusual challenges to consider while estate planning. Estate Planning Considerations for Same-Sex Partners will point out some issues individuals in a same-sex relationship may want to take into account when planning for the future.