30 . Wills & POAs: What are they? Do you need them? When do you need them?

Join Saad Nadeem and Usman Jamal in this episode of The Rich Fulfilling Life Show as they simplify estate planning. They cover the importance of wills, the role of Power of Attorneys (POAs), and the truth about living and testamentary trusts in Canada. Discover how proper estate planning not only protects your assets but also helps you build a lasting legacy, support your family, and contribute to your community. Tune in for a comprehensive guide to securing your legacy and ensuring your values live on.

Key Moments:

  • The Importance of Wills
    – Why every physician needs a clear, updated will to protect their assets.
  • Understanding Power of Attorneys (POAs)
    – How POAs work, their crucial role in managing your affairs if you’re incapacitated.
  • Living vs. Testamentary Trusts
    – Demystifying these trusts and how they fit into Canadian estate planning.
  • Building a Lasting Legacy
    – How proper estate planning supports your family and reflects your values.
  • Giving Back to the Community
    – Using estate tools to make meaningful philanthropic contributions.

 

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