A recent article in the Wall Street Journal addresses planning issues for childless couples. In certain respects, it may be easier to make Estate and incapacity plans if you don’t have children. The main problem, in my view, is finding the people to represent you and manage your financial affairs (and your health care) if you lose […]
With life expectancies remaining high in Canada, it appears that we will be seeing more marriages (and perhaps more marriage-like relationships) in the coming years. With the new Family Law Act now in force, couples should at least consider a Marriage or Co-habitation Agreement (once the bridal outfits and catering are finalized). There is much more […]
Incapacity planning and Estate planning change regularly due to tax issues, family dynamics and changes in and to assets. But, many people now store personal and financial information digitally, and electronic entry to some information may be password protected. So, should people appoint a “digital Executor” in their Wills? Should a Power of Attorney be worded […]