Life is not for the faint of heart. As longevity increases, it becomes more common for Canadians to face a serious illness before their death. In fact, data from Statistics Canada suggests nearly half of Canadian deaths can be attributed to cancer and heart disease alone.[1] While...
“The road to success and the road to failure are almost exactly the same.” –Colin R. Davis Anyone who sets out to put together a will has the best of intentions. They want to ensure their family is cared for. And in some ways, creating even...
For most people, creating a will is nothing more than a task on a to-do list. You want to finish it up, check it off your list and forget about it. The problem is, circumstances change. You may have gotten married, been divorced, had children, started...
According to a recent survey by Lawyers’ Professional Indemnity Co., the majority of Canadian adults don’t have a will. No doubt there are a number of reasons for that, but an estate plan isn’t just for the elderly or the wealthy. Most people put together an...
When people think of estate planning, they usually think about a will. A basic will names your beneficiaries and the assets they will receive. It can be a very simple document that is completed in a short period of time. But while that basic will may...
When it comes to planning your estate, some decisions are easier than others. Some of the hardest decisions involve choosing the right people to take your place when you’re gone, including your executor and the guardian of your children. The two roles are very different, but...
More than half of Canadians don’t have a will. Ultimately, this lack of foresight is a truly selfish decision. It leaves your family members in a terrible position where they have to guess what you would have wanted. Let’s say you didn’t do any estate planning....
For many people, the phrase “trust fund” conjures up images of wealthy, irresponsible young people, wasting their time and money in ways that are completely unfathomable to hardworking, dependable businesspeople. Although you may not want your children to become wealthy overnight – not to mention careless...
When people think of writing a will, most people don’t consider the beneficiaries that carefully. Of course you’ll leave your estate to your spouse or partner, you think, with some special mention of your kids or grandkids. Perhaps you’ll include some other relatives who are...