Wills

Don’t assume your client has a will

One third (31%) of Canadians between the ages of 45 and 64 don't have a will, according to a CIBC poll conducted by Harris/Decima. And of those who do, the majority (44%) hasn’t updated it in more than five years.

May 9, 2012

3 min read

Estate Planning

To tell or not to tell

Should parents let children know they’re in the will?

By Elaine Blades |March 1, 2012

7 min read

Estate Planning

Inheritance? Don’t bet on it

Much has been made of the trillion dollar wealth transfer expected to take place over the coming 20 years, as the accumulated assets of the massive boomer generation is handed down to their children. But the expectations of those heirs may be quite inflated, according to a survey by Investors Group.

By Staff |February 8, 2012

3 min read

Estate Planning

Should your client dodge probate?

Probate-related questions are among the most common questions heard during estate planning discussions. What is probate? Can it be avoided? Should it be avoided? As an advisor, it’s important to be able to answer those questions.

By Floyd Gradley |January 3, 2012

6 min read

More than an honour

For most Canadians who have prepared a will, the executor was one of the least considered parts of the plan. The vast majority of testators pick a family member or friend, even if this isn’t the wisest choice.

By Elaine Blades |January 1, 2012

6 min read

Close the gap in your client’s will

Odds are, your clients all have their wills drawn up. Providing for loved ones is a crucial part of financial planning, after all. But a vital piece of that puzzle is missing, according to a survey by BMO Harris Private Banking: custody of minor children.

By Staff |December 15, 2011

2 min read