By: Kareim M. Abbouda, Consultant, Investors Group Financial Services

The reason I was interviewed was because of my experience in estate transfer issues. Intergenerational wealth transfer continues to grow in Canada as baby boomers age and retire. There is an estimated CAD$70 billion that will change hands over the next ten years from one generation to the next. Matters of concern are various but critically important are the plans to smoothly transition estates between siblings, blended families. Matters regarding taxation and wealth protection are a concern.

I was asked to give insight to a very special group of people who not only have immense responsibility after the death of a loved one but also face the hardship of bereavement during this time of grief. It is important to keep a straight head and think clearly – the role of a financial advisor is vital.

Sound courtesy of Widowed.ca and Kareim M. Abbouda: Part I | Part II | Part III

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Prior to his appointment as Consultant with Investors Group Financial Services Inc., Canada’s oldest and largest investment management firm, Kareim served as country director for one of the world’s largest communications firms and led a number of high profile investor relations campaigns regionally and internationally. 

Now, Kareim will continue to work one-on-one with his clients to help them achieve their financial goals. He also specializes in all facets of investment management and financial planning including: Portfolio Management, Tax planning/minimization, Risk management, Estate planning, and Insurance planning. You can email Kareim at Kareim.Abbouda@investorsgroup.com.