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New tools are democratizing the estate-planning process, but they're not for all


New tools are democratizing the estate-planning process, but they’re not for all
Chet Wesley
Published April 16, 2021
DNY59/iStockPhoto / Getty Images
Everyone likes to talk about and plan for the future – especially when it comes to saving money for retirement. That’s not the case when it comes to death or its consequences, though. For financial advisors, bringing up the discussion of wills and estate planning with clients can be a gruelling task chock full of excuses for why they’re putting it off.
A recent online survey that Angus Reid Forum conducted on behalf of digital estate-planning firm Willful and funeral services company Arbor Memorial Inc. found that 45 per cent of Canadians believe that end-of-life planning doesn’t apply to them, with another 22 per cent of the same group saying it makes them feel uncomfortable and don’t know where to start. ....

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Former industry minister takes parting shot at Canada's risk-averse business community


Article content
Navdeep Bains earlier this spring spoke to me about his tenure as industry minister, which inevitably led to questions about Canada’s eroding competitiveness. He said that he thought he’d done a pretty good job of creating the conditions for a more innovative economy. But the corporate elite? Not so much.
“The ball is back in business’s court,” Bains said. “Frankly, if businesses don’t do this, I think in the long run they will struggle. They have to start changing their behaviour significantly.”
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