Planning Your Legacy

“Planning Your Legacy” “I always say that estate planning is for everyone. That's because at the end of the day, no one lives forever, and anyone can experience an accident or illness that renders them incapable.” - Grace Cleveland, lawyer (Estate Planning, Administration and Litigation) It’s something that too many people put off until, sadly, it’s too late. And without it, your hopes of leaving a thoughtful legacy for your loved ones might never be realized. “It” is a properly crafted will, your final statement on what should happen to the assets and financial resources you’ve accumulated by the end of your life. But even beyond that, your will can continue to make an impact long after your passing -- especially when you include a legacy gift to a charitable organization that reflects the causes you care about the most. In much the same way we would prepare for a long outdoor adventure trip, our journey through life can seem a little less uncertain when we make a thoughtful estate plan sooner rather than later. For younger people, especially, this may all seem a bit premature. But stop and think about what would happen if tragedy or illness struck, and your life was cut short. Who would take care of your children? Or your pets? Or any business ventures you’re involved in? This episode of Power to Heal will help demystify what goes into planning your estate, why preparing a will isn’t just for older people, and how—sometimes--bad things can happen when your good intentions aren’t captured in a clearly written will and estate plan. Note: The topics discussed in this episode of Power to Heal are intended for educational purposes only. Please consult a lawyer to discuss your individual estate planning needs. Guests: - Grace Cleveland – Lawyer and Vice Chair of Peace Arch Hospital Foundation Board of Directors - Selina Lai – PAHF Philanthropy Officer, Legacy Giving Power to Heal is hosted by Lance Peverley, a former newspaper reporter, editor of the Peace Arch News for 12 years, and a longtime resident of the White Rock/South Surrey area. About the Power to Heal podcast: Presented by Peace Arch Hospital Foundation in White Rock, British Columbia, Power to Heal takes you behind the scenes of an innovative hospital Foundation and introduces you to the team who find new and sometimes surprising ways to engage with the local community and help fund the best healthcare possible in the region. Since 1988, the Foundation has raised over $250 million for capital projects, medical equipment, and community health programs. Its passionate and caring team’s number one priority is the prudent stewardship of your gifts and the resulting positive impact on patients and medical staff at Peace Arch Hospital and the entire White Rock-South Surrey community. Download Power to Heal wherever you get your favourite podcasts. Links: Learn more about Grace Cleveland: https://www.clevelanddoan.com/team/grace-cleveland To leave a legacy gift for Peace Arch Hospital, visit https://www.pahfoundation.ca/ways-to-give/leave-a- gift-in-my-will/