Unmarried seniors who’ve never had children will need special attention
Clients should state their views on physician-assisted suicide in their estate planning documents.
While multiple will planning is a familiar strategy to deal with foreign assets on death, preparing multiple powers of attorney for use in jurisdictions where clients spend time and hold assets is less common.
Clients may be called upon to take on powers of attorney as parents age and face incapacity. O'Sullivan Estate Lawyers in Toronto explain 10 duties that come with this responsibility.
Half of Canadians have a will, while a third have a power of attorney for property and 8% of those surveyed by Scotiabank say they don’t know what POA is.
If clients plan for final expenses, it’ll make things easier on their children.
Planning ahead for a client’s mental or physical incapacity isn’t always possible. Here’s how to protect yourself.
When presented with a POA document, Harold Geller, a civil litigator with Ottawa-based Doucet McBride LLP, says advisors should focus on a few basics.
Government stats estimate as many as 10% of seniors are victimized by elder abuse.
Help clients before it’s too late.
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