will

Dying without a will is no way to die ...

Last year a friend who manages a property with 100 or so residential units told me a story that should be a lesson to the estimated 56% of Canadians who do not have a signed will. The superintendent of his property called him to tell him that he had entered the apartment of an elderly tenant who had lived in the building for some 20+ years to find that the tenant had passed away while he was taking a bath.

The Three Levels of Retirement Resources

A survey conducted by one of the big banks some years ago revealed that about 18% of Canadians were hoping for a lottery win to fund their retirement. This raises the question, 'If you were to paint a picture of your retirement, what would it look like?' Many would let dreams take over and envision lots of travel, a vacation home in an exotic location, spoiling their grandchildren, perhaps several year-long world cruises.

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