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IG Wealth Management Annual Estate Planning Study: Canadians Value Estate Planning and Charitable Giving... But Actions Fall Short
IG Wealth Management Annual Estate Planning Study: Canadians Value Estate Planning and Charitable...
About this update from Igm Financial Inc.
[{"type":"text","content":"\n\n\nIG Wealth Management Annual Estate Planning Study: Canadians Value Estate Planning and Charitable Giving… But Actions Fall Short\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\n84 per cent of Canadians identify having an estate plan as a priorityHowever, less than half actually have one in place Just two-fifths of those with an estate plan have discussed integrating charitable gifts WINNIPEG, MB, May 20, 2026 /CNW/ - While most Canadians recognize the importance of estate planning, the annual IG Wealth Management (\"IG\") estate planning study reveals a growing gap between intentions and action – particularly when it comes to incorporating charitable giving strategies.\n\n\n\n\n\n\n\nAn estate plan includes key components such as a will, named beneficiaries, personal life insurance, a healthcare directive and the designation of a power of attorney. While 84 per cent of Canadians say having an estate plan is important, fewer than half (41 per cent) actually have one. Among those who do have a plan, charitable giving is often overlooked – despite widespread interest in leaving a meaningful legacy.\"A thorough and thoughtfully constructed estate plan should be a priority for all Canadians,\" said Christine Van Cauwenberghe, Head of Financial Planning, IG Wealth Management. \"It helps ensure that financial and personal affairs are managed according to one's wishes, both during their lifetime and after their passing.\"The study, conducted in partnership with Pollara Strategic Insights, also found that:More than two-thirds of Canadians (68 per cent) believe in the importance of addressing charitable giving in their estate plans.However, just two-fifths have discussed with a financial advisor, lawyer or notary how charitable gifts should be included in their estate plans.Less than one-third (29 per cent) have made a plan with their family and/or executor for managing their charitable giving within their estate or in the event of cognitive decline.\"It's encouraging to see that many Canadians recognize the importance of giving...