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TD Waterhouse Private Trust offers financial care and management service
Designed to help busy professionals take care of family members' finances
"Financial Care and Management now provides a wider breadth of options for a variety of clients, from those who simply need day to day management of finances for an elderly family member, to those who want the full range of financial and investment services for themselves or others, as they travel or focus on other priorities," said
In 2007, approximately 2.7 million Canadians provided unpaid care to people over the age of 65, a 25% increase from 2002*. Many of them are part of the "sandwich" generation, that is, those that are caught between the conflicting demands of caring for children and for parents.
Beyond planning and managing ongoing income and cash flow arrangements, Financial Care and Management offers tax preparation advice and management of investment needs. In addition to GICs and provincial and federal government bonds, investment alternatives now include certain capital growth vehicles.
The service also can provide healthcare and eldercare-related referrals.
Features of the Financial Care and Management service include: Day-to-Day Financial Management ------------------------------- - Management of bill payment for utilities and banking - Coordination and collection of investments and other income directly into your TD Waterhouse account - Regular reporting of holdings and investments - Pre-approved TD First Class Travel Visa Infinite Card or TD Gold Elite Visa Card Planning Services ----------------- - Effective income and cash flow planning, for current and future retirement needs - Preparation and filing of tax returns - Investment planning - Will and estate planning Preservation and transfer of wealth ----------------------------------- - Planning for estate considerations - Preparation of Power of Attorney if required - Designation of charity beneficiaries
For more information about the Financial Care and Management service, please visit: http://www.tdwaterhouse.ca/pcs/pt/finan_care.jsp.
* Source: Statistics
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in
For further information: For media inquiries, please contact: Barbara Timmins, TD Wealth Management, (416) 307-6498
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