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Real Estate and Estate Planning in the 6ix
Manage episode 407074115 series 2820985
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It’s no secret Canada’s over 65 population is swelling. With 7.6 million Canadians now aged 65 or older, the importance of having affairs in order is more important than ever.
Guest Garry Cass explains the difference between a power of attorney and a will, and the importance of updating wills regularly. He also discusses the complications that can arise when someone dies without a will, and the challenges of having family members on the title of a property.
Cass advises you to be proactive rather than reactive in estate planning, and to treat every will as if it's the last one you’ll ever make.
Listen For
1:31 The Critical Role of Wills and Powers of Attorney
9:14 Real Estate Considerations in Estate Planning
7:02 Executor Selection and Responsibilities
15:02 Challenges of Dying Intestate
Guest: Garry Cass, BA, LLB, TEP, Barrister & Solicitor
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