Presentation: Beneficiary designations

Here’s some text to help you put together a topical presentation on beneficiary designations that you can customize for your next client meeting.

To make it easier for you to prepare materials for clients, we’ve developed this text for a slideshow on the topic of ways to advise them on designating beneficiaries. We know you’ll want to customize them and add elements specific to your client, so we’re providing a Word file to make that easier (there is no PowerPoint). All you need to do is fill in your own details and then move the slides into your favourite presentation software or app.

Enjoy, and we hope this offering helps enhance your client meetings.

SLIDE 1

Naming beneficiaries (the right way)

SLIDE 2

MYTH: designating beneficiaries is simple and straightforward.

SLIDE 3

REALITY: What you don’t know about beneficiary designations can cost your estate (and your heirs) dearly.

SLIDE 4

Two tried-and-true estate-planning strategies:

• Naming beneficiaries directly (with RRSPs, RRIFs, annuities, life insurance policies)
• Joint ownership (with family home, other real estate assets)

SLIDE 5

Benefits of these strategies:

• Save probate fees
• Speed up distribution process
• Keep bequests private