I get many questions about probate fees at the estate planning seminars that I run at Toronto seniors’ residences. As an insurance broker and estate planning advisor I am quick to point out that I cannot give legal or accounting advice but I am able to educate people about the issues, recognise the red flags…

Many older Canadians have much of their wealth tied up in their homes, and some have poor cash-flow.   I recently met a woman at one my estate planning seminars in Toronto who told me that she was seriously looking at borrowing money to improve her cash-flow by using a CHIP reverse mortgage.   Sarah,…

Parents want to protect their children. For the parents of children with a disabilities, this is especially important, as their child may not have the financial means or the capacity for financial independence. When estate planning, one option these parents have is to set up a Henson Trust. The Henson Trust was first created in…