Estate Planning

Understanding probate

Anyone in Ontario engaged in estate planning or administration should consider the necessity of “probate.” This requires a clear understanding of what probate actually is and entails, its advantages and disadvantages, to help guide whether probate should be sought — or avoided.

Charitable bequests

A charitable bequest is, in its simplest form, a gift made to a charity after the death of an individual from their estate.

Spiritual power of attorney

Chances are we have all heard of a Power of Attorney for Personal Care. It is typically drawn up for us by our lawyer, normally when we do our Will.

Plan now for your eternal resting place

Every five years between five million and six million Canadians move. Stability, a job for life, roots are not the hallmarks of our age. But it’s still a good idea to buy a plot of ground or a crypt in a mausoleum in anticipation of your final resting place.

DVD offers aid in grieving process

Grief comes in all sizes, all shapes. Sometimes it lingers. Sometimes it searches you out in the middle of the night. Sometimes it brushes you on the way out the door.

Remembering loved ones has changed drastically over the years

TORONTO - Along the low, grassy hills of Mount Hope Cemetery, monuments mark past lives and passing trends in honouring the dead. From modern cremation niches to old family mausoleums, walking through Mount Hope is like walking through a timeline of design.

Take stress off your family by pre-planning your funeral

Pre-planning your own funeral can relieve some stress for your family at the time of your death, says Bradley Scott.

The million-dollar conversation

In my job with the archdiocese of Toronto, I meet a lot of people and have a lot of conversations. Some are more interesting than others. Below is one with a man I’ll call Gunter that I’ll not soon forget.

Keep your assets in your loved one’s hands

TORONTO - Having a financial plan in place before you die will help keep the tax man’s hands off your assets.

Donating stocks to the Church, charity a ‘win-win proposition’

If you’re used to buying low and selling high, donating stocks to the Church might be an option to consider.

Life insurance gifting is one way to help your Church

At 40 years old, Justin Mullin started making contributions towards the gift he’ll leave behind to the Church.

Gift annuities can make your money go further

A recent study commissioned by the Canadian Institute of Actuaries confirmed the findings of numerous other reports: people are living longer.

Investment plan essential as we live longer

Updated 11/14/13

As the number of seniors staying in the work force increases for a variety of reasons — from living longer to the sheer number of baby boomers reaching retirement — it’s become more important than ever to have a solid investment plan. Without one, you could be forced to work well into your retirement years.