Guiding wealth along the path of greatest good.

Guiding wealth along the path of greatest good.

Guiding wealth along the path of greatest good.

We specialize in providing financial planning advice and wealth management tailored specifically for you. While we work with a diverse clientele including foundations and sudden wealth (divorce or inheritance), our focus is clients ages 45 - 65 that are investing for retirement and planning for retirement income. Our value is in helping you develop a financial map and providing support to guide you down the path of greatest good. We are here to help you through life’s pivotal moments; planning for college, divorce, retirement, job transition, and business succession. We will be there for you because these are not merely events in your life, but part of an ongoing process from which you can benefit, grow and thrive.

The Legacy Group, Ltd. is a Fee-Only, independent Registered Investment Advisory Firm head-quartered in Salem, Oregon serving clients throughout the Willamette Valley and Central Oregon. Our advisers are Certified Financial Planner™ professionals. Ray Sagner, CFP®, has been in practice since 1998, joined the firm in 2003 and is the current owner. Ron LeBlanc, CFP®, the firm’s founder, has been in practice since 1982 and recently retired. Take a step towards greater financial contentment and contact us today.

Guiding wealth along the path of greatest good - we take our mission seriously. Wherever you are on your financial journey, we’re here to help.

Services

 

Full-Service Financial Consulting

The Legacy Group, Ltd. offers a variety of financial consulting services.

 

Fee-Only Professional Asset Management

At The Legacy Group, Ltd., all assets are managed on a Fee-Only basis.

Blog

Planning your Estate

by Ray Sagner on Jun 21, 2018

Accepting one’s own mortality is a tough pill to swallow. As such, estate planning can be a morbid topic that lingers in the background of our lives ominously. Nobody wants to plan for their own death! However, the repercussions your family will face are dire if you delay preparing for the unforeseen curveballs that life throws our way.

In order to ensure that our families are secure with a strong foundation no matter what occurs in the future, Canadians must be proactive. With that being said, we will look at the most important elements of estate planning that must be addressed.

With a Will, There’s a Way

Possessing a will that is updated is the most pivotal part of estate planning. A will protects your ability to determine how your finances are managed upon passing away or becoming incapable. Asset distribution will become a timely and costly endeavour for family members if you do not have a valid will as “the government gets to decide who your beneficiaries are and how your assets will be divided up”. 1

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Health Insurance 101

by Ray Sagner on Jun 14, 2018

Health insurance used to be a fairly simple process. But today, whether obtaining health insurance privately or through an employer, we’re being offered a variety of insurance plans with varying benefit levels, making the choice more difficult.

Before you enroll in another health insurance plan, here are some common terms you need to know – and understand:

Co-Insurance – Co-insurance is the amount that you are responsible for out-of-pocket. Most plans have levels such as 80/20, which means that once you have met your deductible, you are responsible for 20 percent of all medical costs incurred until you reach your maximum out-of-pocket (see below).

Co-Payment – this is the amount that is paid for certain services, such as doctor’s visits, lab work, urgent care or emergency room services. Co-payments typically do not go towards your annual deductible, but they do go towards your annual out-of-pocket costs. (see below)

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Renter's Insurance

by Ray Sagner on Jun 7, 2018

There were 43 million renters in the U.S. in 2017, the highest number of renters in the last 50 years.  Yet according to the Insurance Information Institute, only 37 percent of those currently renting have renters insurance, leaving 27.1 million renters without protection should catastrophe strike.

It’s important for renters to understand that while their landlord’s homeowner’s policy would cover structural damages to an apartment or home, it will not protect the renter’s personal belongings.

Here are some common areas that renters insurance typically covers:

  • Fire
  • Smoke Damage
  • Vandalism
  • Theft
  • Damage from Snow, Ice, and Sleet
  • Excessive Wind
  • Damage from malfunctioning equipment such as water heaters, air conditioners, or other household appliances

Along with property damage, renters insurance will also typically cover a tenant’s liability in case of injury to a visitor on the property.

Those looking to purchase renters insurance for the first time need to be aware of the exclusions that are written into the policy. Here are a few of the typical exclusions:

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