Tag: Estate Planning
The Ride 2.0: A Financial Journey with Green Private Wealth (Ep. 70)

The Ride 2.0: A Financial Journey with Green Private Wealth (Ep. 70)

By |

Welcome to The Ride, a Work and Wealth podcast with your host, Kris Dureau. In this exciting episode, Kris introduces some major changes to the show, bringing on three new voices—David Harris, Brad Winlaw, and Mike Pakreslis—creating a dynamic team at Green Private Wealth. Together, they share diverse insights and perspectives on financial planning, making the podcast more engaging and informative.

Key Points:

  • Kris Dureau, a financial strategist and former firefighter/paramedic, sets the stage for the revamped podcast, now featuring a team of experts.
  • Meet the new team members: David Harris, a certified financial planner with 23 years of experience; Brad Winlaw, a certified financial planner with a focus on retirees and young professionals; and Mike Pakreslis, a financial expert with a passion for community involvement.
  • Learn about Kris’s unique background and approach to financial planning, shaped by his experience in emergency services.
  • Explore the 30th-anniversary celebration of Green Private Wealth, a firm committed to providing comprehensive financial services across Canada.
  • Get insights into the firm’s investment strategy, including a tactical approach and access to private investments for more stable returns.

In this episode, the diverse team brings a range of expertise to address various financial planning needs. Whether you’re a retiree, business owner, or young professional, this podcast offers practical advice and strategies to secure your financial future.

Join the conversation by subscribing to the podcast and exploring previous episodes on the Green Private Wealth website. Share your thoughts, questions, or topics you’d like the team to cover.

Stay tuned for more exciting content and expert discussions on The Ride podcast.

Tune in and ride along on this new financial journey with The Ride My Life podcast!

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
Estate Planning for Your Furry Friend (Ep. 69)

Estate Planning for Your Furry Friend (Ep. 69)

By |

The bond between humans and their furry companions is like no other.

According to the Canadian Vet Medical Association, over 35% of Canadian households have a dog and 35% own a cat. How many of those families have included their pets in their estate plan?

In this episode, Kris Dureau focuses on the furry family members and how to ensure they have a home no matter what happens. Kris provides examples of the different types of coverage and how each fits within estate planning.

Kris discusses:

  • Why including pets in estate planning is so important
  • The 3 main ways pets can be covered in an estate plan
  • How to create an emergency plan for pets easily and quickly
  • And more

Resources:

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
The End of Life Checklist (Ep. 63)

The End of Life Checklist (Ep. 63)

By |

In our last episode, we sat down with the Caring Hearts Support Network to discuss all things grief and the support they made available for those people going through these tough times. 

In this episode, we are going to unpack what you can do to prepare for uncertain times and what exactly should be on your end-of-life checklist. Whether you are creating your own or understanding the details of this plan for a loved one, it is important to understand where all of this information is as well as how you can use it to seamlessly transition into your next stage of life. 

Kris discusses:

  • The importance of communicating to your family members where your will is and when was the last time you updated it
  • Some important life changes that should encourage you to update your will
  • How life insurance comes into play during someone’s death (not all life insurance policies are the same) 
  • How you should be picking your power of attorney
  • The benefits of having a wealth organizer
  • And more

Resources:

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
Offsetting Taxes From Your RRSP: Facts About The RRSP Meltdown Strategy (Ep. 56)

Offsetting Taxes From Your RRSP: Facts About The RRSP Meltdown Strategy (Ep. 56)

By |

The RRSP meltdown strategy has been saving our clients’ tax dollars for many years now, allowing for more savings and tax benefits.

In this episode, Kris Dureau unpacks the benefits and risks of this strategy along with ways you can reduce taxes during your retirement income in your early golden years. 

Kris discusses:

  • How to save money when taking out your RRSP
  • How to avoid paying large amounts of taxes when withdrawing from your retirement savings plan
  • Techniques to save money during your retirement years
  • The role of these RRSP strategies when it comes to your estate planning 
  • And more!

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
15 Quick Tips to Secure Your Finances Now and in the Future (Ep. 47)

15 Quick Tips to Secure Your Finances Now and in the Future (Ep. 47)

By |

Financial planning is not just about securing your tomorrow. It’s also about living a better today.

In this rapid-fire style episode, Kris Dureau walks you through 15 quick-hit tips to help you get a better handle on your finances, both now and in the future. Investments, tax planning, wealth transfer, debt management —Kris covers it all!

Kris discusses:

  • Accounts you should regularly contribute money towards
  • Steps you can take to weather market volatility
  • How to keep your finances organized (for you, your family, and your advisor)
  • Often-overlooked financial planning areas 
  • And more!

Resources:

Connect with Kris Dureau:

 

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
How To Keep Your Cottage in the Family and Reduce Your Future Tax Bill (Ep. 40)

How To Keep Your Cottage in the Family and Reduce Your Future Tax Bill (Ep. 40)

By |

Are you thinking about selling or gifting your cottage to your kids? A lot of cottage owners want to keep this property in the family. But, too many of them get hit with a big tax bill because they don’t know how to make the transition. 

If you want to avoid tax mistakes, this one’s for you!

In this episode, Kris Dureau shares advice — as a financial planner and fellow cottage-owner — on how to reduce your cottage’s future tax bill. He also dives into the nuances of family dynamics to help you make a confident decision about which child to give or sell the cottage to.

Kris discusses:

  • Why cottage property values are surging and how that impacts estate planning
  • What to consider when deciding which child will receive the cottage
  • Major mistakes people make when selling or gifting a cottage
  • Top ways to reduce your cottage’s future tax bill
  • And more

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
Stop Procrastinating Your Estate Planning (Ep. 39)

Stop Procrastinating Your Estate Planning (Ep. 39)

By |

Regardless of your age or assets, there are some things that you should be aware of when it comes to estate planning.

In this episode, Kris Dureau answers many of your estate planning questions. Along with some real-life experiences, Kris helps you understand how important it is to have your will in place and how you can get it done with the help of a few other documents.

Kris discusses:

  • How often you should be reviewing your will
  • Accompanying documents you should have along with your will
  • What accounts you can name beneficiaries on
  • Rules with common-law marriages
  • And more!

Resources:

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
37. Estate Planning for Families With Special Needs Children With Fred Ryall

37. Estate Planning for Families With Special Needs Children With Fred Ryall

By |

Having a special needs family member carries unique, emotional, and financial concerns.

That’s why it’s important to work with a professional who understands exactly what you are facing.

In this episode, Kris Dureau welcomes Fred Ryall, an estate practitioner with more than 40 years of experience. For the last 15 years, Fred has worked with special needs children and adults to help them with their unique planning needs. In fact, he received the Queen Elizabeth the Second Diamond Jubilee Award from the Governor-General of Canada for his efforts.

Fred joins the show to share his insight about estate planning for families with special needs members. He explains the areas of the planning process that need to be considered and reveals why documenting details about a disabled child is so important.

Fred discusses:

  • The unique challenges families with special needs children face
  • What a Henson trust is and how it benefits those with special needs 
  • Easy ways to document and organize your child’s details 
  • Five key areas of the planning process he covers with the families he works with
  • And more!

Connect with Fred Ryall:

Connect with Kris Dureau:

About our Guest:

For over 35 years, Fred has been providing financial and estate planning advice for self-employed business owners, designated professionals, executives, and families to ensure social and family legacies.

Some of his recent professional accomplishments include receiving the Queen Elizabeth II Diamond Jubilee Award from the Governor-General of Canada for his planning with families who have special needs children. In 2007, he also received the Julia Award from Cystic Fibrosis Canada.

Fred has had the privilege to speak to several other special needs organizations including, Cystic Fibrosis Canada, Canadian Down Syndrome Society, ALS Canada, Autism Ontario, Multiple Sclerosis Society of Canada, 18th Chromosome Deficiency, Alzheimer Society Canada, and the Peel Public School Board’s Special Needs Programs.

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More
Episode 25 – Your 10-Step Pre-Retirement Checklist

Episode 25 – Your 10-Step Pre-Retirement Checklist

By |

One of the reasons why retirement is such a major life decision is timing. If you retire too early, you might have financial trouble. If you retire too late, you might not have the energy to enjoy it to the fullest. 

So, when is it the right time to retire? 

To help you decide, Kris Dureau walks you through his 10-step pre-retirement checklist. This list will help shed light on the different financial, health, and planning considerations you need to be aware of as you approach your next stage of life. 

In this episode, you will learn:

  • Why you need to choose the type of retirement you want to live 
  • How a cash flow plan, emergency funds, and health insurance can help you improve your retirement needs 
  • How retirees and pre-retirees can approach debt 
  • Benefits of changing your accumulation portfolio to a retirement income portfolio
  • And more!

Tune in today and discover how you can better navigate the path of retirement planning!

Resources:  Episode 6 – Why Everybody Needs a Will | Episode 15 – How to Retire Well (Part 1) |  Episode 16 – How to Retire Well (Part 2)  | Retirement Shift Worksheet | Cashflow Spreadsheet

Connect with Kris Dureau:

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More

Archives

Categories