The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

This columm, written and published _ by Investors Group Financial Services Inc., is presented as a general source of information only and is not intended as a solicitation to buy or sell investments, nor is it intendâ€" ed to provide professional advice including, without limitation, _ investment financial, legal. accouwntins or t@e itdbice Foro more Before you name your beneficiaries, talk to your legal, tax and financial adviâ€" sors â€" to make sure your estate and legacy will be exactly as you wish. A potentialh moneyâ€"savâ€" ing alternative is an insurâ€" ance trust, which allows the proceeds to be distributed according to your will, but still avcids probate fees. The insurance trust must be set up properly in your will. insurance. right? Not necesâ€" sarily For example. vour executor may need acc USS to those life insurance preâ€" ceeds to pay estate bills or to carry out some of your final wishes. namt hene Ont Jt Life Insurance: You may have purchased lite insurâ€" ance with the intention that the proceeds will be used to cover your estate‘s outstandâ€" ing debts and taxes. If you designate a beneficiary, the proceeds typically pass taxâ€" tree to that incividual. Rut if you name your estate as the beneticiary. the proceeds will become part at the your final tax return. The income taxes owed on your RSP will have to be paid out of the assets in your estate â€" the $200.000 in cash left to your daughter. So she may end up with much less than you intendâ€" ed. Continued from page 22 Their achievement was largely due to the strength of the Cellugen business plan combined with a solid preâ€" Liam Gore and Ryan Bentley competed on behalf of Cellugen, a Torontoâ€"based company with a cellâ€"based immunotherapy which has the potential to provide a novel, more effective and less invasive way of treating leukemia. + Allniwrsip\ of Waterloo student team representâ€" ing the master of business, entrepreneurship and techâ€" nology program won second prize at the prestigious national Ivey IBKâ€"Capital Business Plan competition held recently at the Universiâ€" ty of Western Ontario. i1 to In ue an hi