Episode Summary
Legacy is often treated as an end-of-life conversation, but what if it is actually a daily practice?
In this episode of The Wealth Exchange, host Cassandra Cross is joined by Teresa Virani, Executive Director of Philanthropy at Nicola Wealth, to explore how legacy is shifting from an end-of-life concept to a lived and intentional practice.
Drawing on her work with families across Canada, Teresa shares how wealth becomes most meaningful when it is directed with purpose rather than simply accumulated. The conversation examines how philanthropy can strengthen family connections, prepare the next generation for stewardship, and bring clarity to wealth transfer conversations that often feel complex or emotional.
Together, Cassandra and Teresa discuss how women are redefining wealth through confidence, collaboration, and long-term thinking. They explore everything from involving children earlier in financial conversations to using strategic giving tools that align generosity with values and long-term planning.
For women and families looking to approach wealth with greater intention, this episode offers a thoughtful perspective on how legacy is built in real time through the choices we make, the conversations we have, and the values we choose to live by.
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The Wealth Exchange
The Wealth Exchange podcast provides insight, innovation, and access to the experts on a wide range of topics affecting affluent families across Canada. Join our team of hosts as they sit down with leaders and changemakers from around the globe to discuss investing, leadership, philanthropy, entrepreneurship, and more.
Disclaimer
This material contains the current opinions of the author, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Any mention of third-party products, services, or organizations on the podcast is for informational purposes only and does not constitute an endorsement or recommendation. Nicola Wealth Management Ltd. (Nicola Wealth) is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required securities commissions. All investments contain risk and may gain or lose value. Please speak to your Nicola Wealth advisor for advice based on your unique circumstances.
