Through discussions with Cemeteries over the years we found that their care and maintenance costs have increased disproportionately to the income yields of their trusts. Through our analysis we have found this is primarily due to poor investment and high fees.
We don’t think that’s good enough and know that the legislation allows your trusts to invest in more than just low yielding investments. Cemetery Trusts by Legacy Private Trust allow you to earn more to cover your care and maintenance expenses through competitive fees and higher investment yields.
Many cemetery trusts have been drawing excessive and unsustainable income while depleting their capital base through continuous increases in inflation. This often puts their entire fund at risk of being inadequate in the long-term. Our goal is to find long-term, sustainable and adaptable trust strategies that can work for our cemetery clients today and into the future.
About
Required under provincial legislation
Are not and should not be limited to low yielding investments
Higher yields are available through conservative investing
Trust capital should be preserved and grow beyond inflation rate
Legislative requirements exist for use of the income and the capital portions of these trusts
Fees are fully transparent, and are competitive with industry standards. Clear, direct accountability and legal duty of good faith is ensured through a professional and regulated trustee relationship
Must be administered by an approved trust company
Full transition implemented by our professionals in cooperation with provincial regulators
Superior service thanks to Legacy’s untouchable service model made possible through our unique staff to customer ratio. Service continuity is achieved through family ownership and operation of Legacy Private Trust
Work with a trust company whose roots in the trust industry date back to the 1960s
We provide support for annual regulatory filings
Contact Us
Andrea Love
416-868-4209
acl@legacyprivatetrust.com
Preneed Trusts
Downloadable Brochures
Cemetery Trusts
“Earn more to cover your cemeteries growing expenses." -Mike Love