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Each week on “I’m a Millionaire, So Now What?”, Colleen O’Connell-Campbell, Wealth Advisor at RBC Dominion Securities, delivers inspirational stories and practical advice to self-made millionaires and wealthy families. With a focus on financial planning and wealth management strategies, Colleen and her guests cover the critical issues that truly matter to you, including succession strategies, family business governance tips, how to cope with fundraiser fatigue, finding your purpose after losing your family business, and much more.

Apr 1, 2019

 

Demi McGoldrick is an Associate Lawyer for Brazeau Seller Law, a firm that specializes in estate and trust planning. She helps create estate planning solutions for clients and their families, drafts wills and powers of attorney and assists executors with estate administration. Demi obtained a Bachelor of Law Degree from the University of Edinburgh Law School as well as the Bar Admission from The Law Society of Upper Canada, following her move to Ontario.

 

Demi joins me today to share how important it is for millennials to prepare estate planning documents. She explains what traditional estate planning means and how it differs for millennials. She explains what happens if you die without a will and how the law considers common-law spouses, which are more commonplace for the millennial generation. She also touches on how estate planning differs when there is more debt than assets.

 

 

“Having a will gives certainty and the ability for you to appoint who will manage your estate.” - Demi McGoldrick

 

 

 

Today on I’m A Millionaire...So, Now What?:

 

  • How Demi helps families with estate planning.
  • How the estate planning perspective is different for millennials.
  • What is a traditional estate plan?
  • Why millennials and anyone over 18 should create a will.
  • What happens when someone dies without a will.
  • The legal complications that can arise from dying intestate.
  • How the law sees common-law spouses when someone dies intestate.
  • What happens when there is more debt than assets.

 

 

Demi McGoldrick’s Fun Frank Advice for Self-Made Millionaires & Wealthy Families:

 

  • A good will is worth its weight in gold.

 

 

Connect with Demi McGoldrick:

 

 

 

 

 

Protect Yourself. Protect Your Family. Protect Your Assets

 

Protecting yourself, your family, and your assets are all essential elements of your roadmap to real riches as well as building and strategizing your financial plans.

 

If you’re ready to build your roadmap to riches and learn how to protect yourself, your family, and your assets, join us this spring for our Estate Planning Sessions with RBC Wealth Management.

 

Topic: Your Power of Attorney: Quite Possibly the Most Important Person You Will Ever Hire

Date: Wednesday, April 24, 2019

Time: 2pm - 4pm

 

Topic: Your Executor: What You Need to Know Before You Hire Yours

Date: Wednesday, May 22, 2019

Time: 2pm - 4pm

 

Topic: Essential Family Conversations: Protecting Yourself and Your Wishes

Date: Wednesday, June 12, 2019

Time: 2pm - 4pm

 

Location details will be provided when you RSVP to the event(s). To RSVP, email Colleen at colleen.campbell@rbc.com

 

 

 

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