The Wealthy Life Podcast

Separation & Divorce in Canada: What You Need to Know (Before It Happens)

Going through a separation or divorce is never easy — but understanding your financial rights, legal options, and next steps can help you feel more in control during an uncertain time. In this episode of The Wealthy Life Podcast, host Sybil Verch sits down with family lawyer Emma Neary to break down the divorce process in Canada, including how assets are divided, how spousal support works, and why planning ahead can make all the difference. 💡 In this episode, you’ll learn:✔️ What happens financially during separation and divorce✔️ How assets, property, and income are divided✔️ The difference between child support and spousal support✔️ Why prenups and cohabitation agreements matter✔️ How to protect yourself with proper documentation and planning✔️ Why collaborative law and mediation may be better than court 🔑 Key takeaway: Preparation, communication, and proper legal guidance can reduce stress, save money, and lead to better long-term outcomes. Whether you're planning ahead or currently navigating a separation, this episode provides clear, expert insights to help you make informed decisions.

Financial Advice Explained: Do You Need a Financial Advisor? What to Know Before Hiring One

What does a financial advisor really do — and how do you know if hiring one is the right decision for you? In this episode of The Wealthy Life Podcast, host Sybil Verch is joined by Jill Cramp, Wealth Advisor at Generational Wealth Management, Raymond James Ltd., for a practical, honest conversation about financial advice, long‑term planning, and confident decision‑making. Jill breaks down the true role of a financial advisor, explaining why the job goes far beyond picking investments. Together, Sybil and Jill explore how comprehensive advice brings together financial planning, tax efficiency, insurance, estate planning, and — just as importantly — the emotional side of managing money through market volatility and major life transitions. The conversation walks through how financial needs evolve over time — from early‑career saving and investing, to raising a family, planning for retirement, and navigating uncertainty in the markets. They also clear up common misconceptions around advisor titles, compensation models, fees, and what investors should realistically expect when working with a professional. This episode is designed to help listeners gain clarity, ask better questions, and feel more confident when making decisions about their financial future. What you'll learn: • What a financial advisor actually does• When it makes sense to work with a financial advisor• The difference between bank advisors and full‑service wealth advisors• How financial advisor fees work and what to look for• What questions to ask before choosing an advisor• Why planning, education, and emotional discipline matter Whether you’re just starting out, managing a growing family, or planning the next chapter of life, this episode offers valuable insight into how professional financial advice can support long‑term success. As always, seek independent professional advice before making personal financial decisions.

Medical Assistance in Dying: Understanding Compassion, Dignity, and Choice with Dr. Stefanie Green

Medical Assistance in Dying, often referred to as MAID, is one of the most sensitive and misunderstood topics in healthcare today. It raises important questions about dignity, autonomy, compassion, and how we support people at the end of life. In this episode of The Wealthy Life Podcast, Sybil Verch sits down with Dr. Stefanie Green, an internationally recognized MAID provider and bestselling author of This Is Assisted Dying, for a thoughtful and informative conversation. Dr. Green brings clarity to what MAID is and what it is not, explains how the process works in Canada, and addresses common misconceptions around eligibility, safeguards, capacity, and consent. Together, they explore how compassionate planning, open conversations, and informed decision‑making can reduce fear and help individuals and families navigate end‑of‑life choices with greater confidence. This episode is designed to educate, inform, and encourage thoughtful reflection on a complex topic, with care, respect, and humanity. In this episode, you will learn: • What Medical Assistance in Dying is and how it works in Canada• Who may be eligible for MAID and the safeguards in place• How MAID differs from palliative and end‑of‑life care• How decision‑making capacity is assessed, including in cases of dementia• Why family conversations and planning matter• The importance of dignity, autonomy, and compassionate care at the end of life This conversation may be especially meaningful for individuals and families facing serious illness, caregivers, healthcare professionals, and anyone seeking a deeper understanding of end‑of‑life options in Canada. As always, please seek independent professional advice before making personal healthcare or planning decisions.

What a Wealthy Life Really Means: Rob Carrick on Freedom, Planning, and Building Long Term Wealth

This episode features a powerful conversation with Rob Carrick, nationally recognized personal finance journalist and former Globe and Mail columnist, as he joins Sybil Verch on The Wealthy Life Podcast to explore what it truly means to live a wealthy life. Together, they challenge the idea that wealth is defined by income, net worth, or keeping up appearances. Instead, they dive into the real drivers of financial well‑being for Canadians—freedom, flexibility, confidence, and peace of mind. From retirement readiness and long‑term investing to housing decisions, pensions, and the evolving value of financial planning, this discussion is practical, grounded, and refreshingly honest. Rob shares thoughtful insights drawn from decades of reporting on personal finance, helping listeners better understand how consistent saving, diversified low‑cost investing, and avoiding financial overextension can support long‑term goals and reduce stress. The conversation also highlights why financial advice and accountability matter more than ever in an increasingly complex world. In this episode, you’ll learn:• What living a wealthy life really means beyond income and assets• Why financial freedom and flexibility are key to long‑term success• How early and consistent saving builds confidence over time• Why saving anything is better than saving nothing• The role of employer pensions and automatic saving• A balanced perspective on renting versus home ownership• Why overextending financially can limit future choices• How diversified, low‑cost investing supports long‑term goals• Why financial planning is more important than ever• The real value of advice, accountability, and peace of mind Whether you’re just starting out, planning for retirement, or reassessing your financial path, this episode offers clear, thoughtful guidance to help you make better financial decisions and align your money with the life you want to live. 🎧 Listen now and redefine what wealth means to you.

Cross-Border Clarity: Essential Steps for Moving from the U.S. to Canada

Thinking about moving from the United States to Canada but not sure what you need to plan for before making the move? In this episode of The Wealthy Life Podcast, Sybil Verch sits down with Harps Sandhu, Cross Border Advisor and author of Welcome Home, Eh?, to break down exactly what you need to know before relocating from the United States to Canada. From immigration and tax residency rules to healthcare access, retirement accounts, and avoiding double taxation, this conversation is a must listen for anyone planning a move north. You will learn: •The key steps to take before moving from the U.S. to Canada •How Canadian and U.S. tax systems differ and how to avoid double taxation •Why immigration status and tax residency planning matter •What happens to U.S. retirement accounts, IRAs, 401(k)s, and investments •How healthcare coverage works when you first move to Canada •The difference between citizenship and residency •Why working with a Cross Border Advisor, accountant, and lawyer is essential •Common (and expensive!) planning mistakes people make during cross-border moves Whether you are relocating for work, family, retirement, or lifestyle reasons, this episode provides clarity, confidence and practical guidance you need to plan your transition smoothly and avoid expensive surprises. If you are considering a move from the U.S. to Canada, this episode will help you ask the right questions and move to Canada with confidence.