Loading...

Power of Attorney and Will Tips for Canadian Snowbirds

Wednesday Aug 14th, 2019

Share

Wills and powers of attorneys aren’t just for the wealthy - they are essential legal documents everyone should have, as they dictate how you or your assets are to be cared for or dealt with in the event you pass away or become incapacitated. A properly drafted and executed will (or wills) ensures that your assets are distributed, and your minor children are taken care of, according to your wishes in the event of your death.  Powers of attorney are equally important documents that... [read more]

Snowbird Guide to Renting Out Your Canadian Residence for the Winter

Wednesday Aug 14th, 2019

Share

If you spend most of the winter outside Canada, you may want to explore the opportunity to rent out your Canadian home while you’re away.  Renting out your Canadian residence can have a number of benefits, including helping to cover the costs of your winters away. The extra income can be used to supplement or even offset the cost of your winter home or rental. Another benefit is that your home will be lived in and therefore you won’t have to find someone to inspect it daily... [read more]

11 Healthy Hobbies for Seniors

Monday May 27th, 2019

Share

We already know that a healthy lifestyle is a major factor in living a long life, but new studies show that having hobbies and staying socially active is equally important for seniors. It has long been known that a nutritious diet, exercise, and positive health choices all contribute to helping seniors feel more energetic. In fact, emerging research into longevity indicates that mental and social activity is just as critical as physical activity when it comes to... [read more]

Toronto’s Seniors are now more financially secure than young adults. What Changed?

Monday May 6th, 2019

Share

Working life wasn’t always easy for Geraldine Pennie and her husband. Work as a tool and die maker was well paying, but intermittent, for her husband, Doug. For Pennie, there was a series of contracts in social welfare, including running subisidized housing. Neither spouse was in a job that had a private pension. Still, they were delighted to discover they could easily afford to buy a home, take summer camping trips with their son and daughter, and even enjoy the odd vacation in... [read more]

Why Estate Planning is so Important as a Senior

Wednesday Apr 3rd, 2019

Share

As you get older, you run the risk of being unable to make your wishes clear when it comes to your estate planning. Many people procrastinate because they don’t know where to start on the process. You may even be afraid that if you sign a power of attorney form over to a child, you may end up stuck in a nursing home. These are all valid concerns. This fear can be mitigated by meeting with an estate planner, and putting your wishes down on paper. Build in a contingency plan for how you... [read more]

READ MORE