Legacy Planning
Updated: June 2024 Inheritance: everyone dreams of inheriting oodles of money from a rich aunt or uncle. But what happens when you actually get the money? It might not be everything you wish for. Marlene Engelhorn is exactly in that position: she inherited a whopping $36.6 million dollar (in Canadian dollars) from her rich grandmother. […]
Pet care: our furbabies are spoiled. It’s not uncommon for people to spoil their furbabies; Instagram and other social media are littered with videos and pictures of people playing with their beloved Fidos and felines, pampering them, feeding them, and just enjoying their presence. (In fact, pets sometimes receive better care than other humans.) Is […]
Update: June 2024 Wealth: we all chase after it. We all want to be debt-free and worry-free, and to provide for our family and friends. Millennials, in particular, are increasingly relying on their parents’ inheritance to achieve financial stability and achieve financial milestones. Milestones their parents achieved when they were younger than their children are […]
Updated: June 2024 Probate can sound confusing; it sounds as if it is a complex legal term that involving a lot of paperwork, time, and money. At it’s very core, this process is simply about validating the authenticity of a Last Will and Testament. It is often a misunderstood aspect of estate planning and administration. […]
Updated: June 2024 As our world becomes increasingly digitized, the importance of navigating online becomes essential. This includes preparing for what’s best for ourselves and our loved ones. We need to protect both our digital and physical assets. This is where online Wills come into play. It is a testament to the marriage of technology […]
Updated: June 2024 We all have something of value to pass on to our loved ones; that is what estate planning does and why you should plan for your estate as soon as possible. Our estates are comprised of our assets, items and all of the things that we all own. This can include anything […]
Who is going to be the Executor for your Will? While your mulling over that question, have you considered picking an Executor who lives near you? Or have you decided on an Executor who lives in another city or even another country? What would the difficulties be in having an Executor who doesn’t live near […]
We love our pets. We even sometimes treat them better than other human beings; we spoil them, pamper them, and in some cases, treat them as if they were our children. While many of us include provisions in our Wills for the care and well-being of our pets, some animals (just like humans) have struck […]
Oh, Canada! Just as we Canucks dream of cross-country road trips and summers at the cottage, we also dream about the day we’ll hang up our work hats for good. But before you start daydreaming about lake views and leisurely coffee mornings, let’s talk cash. How many loonies and toonies (or perhaps, more accurately, how […]
Samantha, a single mother of two young kids, died unexpectedly at the age of 35. She had often spoken about her wishes for her children’s upbringing and how her assets should be divided. However, she never put those wishes in writing. Without a Will, her family had to grapple not only with their grief […]
