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In this episode of the Steadyhand Coffee Break series, we dive into the concept of a legacy or estate planning binder with estate lawyer Lucy Main. Learn why this tool is essential for executors, what documents to include, and how to organize and maintain it. Start simplifying estate planning today to reduce stress for your loved ones in the future. Lucy Main is a Partner and Co-Chair of the Wills, Trusts & Estates Practice Group at WeirFoulds LLP with a practice that focuses on the legal and taxation issues surrounding estate and trust planning and administration. https://www.weirfoulds.com/people/luc... DEATH BINDER – WHAT TO INCLUDE: • Will • Power of Attorney for Property • Power of Attorney for Personal Care • Names and contact Executors, Attorneys for Property and Attorneys for Personal Care • Personal care wishes • Organ donation wishes • Burial/cremation/funeral/celebration of life wishes • Wishes regarding the distribution of household goods and personal effects • Hotchpot ledger listing gifts or advances made to family (if Will refers to such a ledger) • Shareholder and partnership agreements • Pre-nuptial, marriage and cohabitation agreements • Separation agreements • List of assets (types, location, ownership, etc.) • List of liabilities • Promissory notes • Trust deeds • List of advisors (lawyer, accountant, financial advisor, insurance broker) • List of who to alert (family, friend, colleagues) • Location of original documents • What to do with pets --------------- 🔹Video Chapters 🔹 0:00 Estate Planning Introduction 1:18 Legacy Binder: A Must-Have Tool 2:30 Will vs. Legacy Binder 4:25 Essential Documents for your Estate Binder 9:16: Digital or Physical Binder? 12:32 Digital Assets & Estate Planning 15:20 How to Update Your Binder 23:15 FREE LIST and Resources --------------- 🗓 Get to Know Steadyhand! 🗓 https://hs.steadyhand.com/gettoknowst... 📚 SUBSCRIBER GIVEAWAY: Are you starting to think seriously about retirement but not sure where to start? Subscribers to the channel can grab this Free Insider’s Guide “3 Simple Steps to Retirement” - https://hs.steadyhand.com/retirementg... ✅ For more info visit: https://www.steadyhand.com/ 💬 What was your main takeaway from this video? Let us know in the comments below. And don't forget to subscribe to Steadyhand here ⤵ https://www.youtube.com/c/SteadyhandI... --------------- 📍 Welcome to Steadyhand's official YouTube channel! Steadyhand is a Canadian investment firm that offers low-fee investments with easy-to-follow advice and a simpler, more human experience for all Canadians. On this channel, we produce jargon-free videos to help you stay informed & educated on relevant investment topics. We've been managing money since 2007 and over 4,000 Canadians have entrusted us with more than $1 billion in investments. Our clients enjoy direct access to world-class fund managers and a level of genuine financial stewardship that you just don't find at the big banks and brokerages. ➡️ Our straightforward lineup of funds, easy-to-follow investment advice, and candid reporting enable our clients to weather the ups and downs of the markets with confidence. We offer hands-on, personalized service, and are ultra-accessible. In short: Steadyhand offers Canadians a better way to invest! We hope you find the videos on this channel informative and if you are interested in the services we offer then please visit our website. If you enjoy the videos you see on this channel then make sure you subscribe and hit the notification bell so you find out as soon as we post a new video! 🔔 --------------- 📲 Follow Steadyhand on social media: Facebook ▶️ / steadyhandfunds Linkedin ▶️ / steadyhand-investment-funds Twitter ▶️ / steadyhandfunds ✅ Subscribe to our Blog and Newsletter https://steadyhand.us3.list-manage.co... If you'd like to explore whether Steadyhand may be a good fit for you, reach out to us: 📞 1-888-888-3147 📧 [email protected] 🌎 https://www.steadyhand.com/contact/ 📍 Vancouver Office (1747 West 3rd Avenue Vancouver, BC V6J 1K7) 📍 Toronto Office (3690-130 King St W, Toronto, ON M5X 2A2) --------------- Music: Do It - Hotham --------------- #Steadyhand #LegacyBinder #EstatePlanning #willsandtrusts #EstateBinder