It’s Canada’s largest-ever transfer of wealth: Canadian Baby Boomers will be on the receiving end of inheritance worth a total of $750-billion over the next decade.
Why do once-close families fight over wills? Turns out nothing is straightforward with love and money – including siblings and children. Here’s what to avoid when estate planning.
Get ready – here come the Friday night money fights. When it comes down to getting contentious, Canadians have no shortage of qualms over their cash – and no one is spared the wrath as family members and significant others alike come under fire over financial squabbles.
Leaving a nest egg for your kids is not as straightforward as it used to be. With seniors living longer than ever before, and with less wealth to go around, bereaved family members are advised to not count their chickens before they hatch.