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Designed to help busy professionals take care of family members' finances

TORONTO, Jan. 7 /CNW/ - TD Waterhouse has launched an enhanced Financial Care and Management service to assist Private Trust clients in taking care of their own and extended family members' financial needs.

"Financial Care and Management now provides a wider breadth of options for a variety of clients, from those who simply need day to day management of finances for an elderly family member, to those who want the full range of financial and investment services for themselves or others, as they travel or focus on other priorities," said Sandra Recine , Vice-President, TD Waterhouse Private Trust. "With the growing demographic trend of people being responsible for more family members for a longer period of time, we believe this enhanced service will be of great value to many clients, as it will provide convenience and help ensure peace of mind."

In 2007, approximately 2.7 million Canadians provided unpaid care to people over the age of 65, a 25% increase from 2002*. Many of them are part of the "sandwich" generation, that is, those that are caught between the conflicting demands of caring for children and for parents.

Beyond planning and managing ongoing income and cash flow arrangements, Financial Care and Management offers tax preparation advice and management of investment needs. In addition to GICs and provincial and federal government bonds, investment alternatives now include certain capital growth vehicles.

The service also can provide healthcare and eldercare-related referrals.

Features of the Financial Care and Management service include: Day-to-Day Financial Management ------------------------------- - Management of bill payment for utilities and banking - Coordination and collection of investments and other income directly into your TD Waterhouse account - Regular reporting of holdings and investments - Pre-approved TD First Class Travel Visa Infinite Card or TD Gold Elite Visa Card Planning Services ----------------- - Effective income and cash flow planning, for current and future retirement needs - Preparation and filing of tax returns - Investment planning - Will and estate planning Preservation and transfer of wealth ----------------------------------- - Planning for estate considerations - Preparation of Power of Attorney if required - Designation of charity beneficiaries

For more information about the Financial Care and Management service, please visit:

* Source: Statistics Canada

About TD

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in North America by branches and serves more than 18 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading online financial services firms, with more than 6 million online customers. TD Bank Financial Group had CDN$557 billion in assets on October 31, 2009. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.

For further information: For media inquiries, please contact: Barbara Timmins, TD Wealth Management, (416) 307-6498

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