The number of Albertans looking to purchase a vacation property is growing every year... and that’s not surprising! There is nothing better than owning a chalet for weekend ski trips, or a house in Palm Springs, or a place on the golf course in Phoenix. However, if you own a vacation home, you need to ensure that you have taken it into consideration when you are making your Will and planning your estate.
Something that many families fail to consider is how the...
Many Albertans have fond memories of spending long summer days at the family cabin with parents, siblings, cousins, grandparents, and aunts and uncles – and their intention is usually that future generations will be able to enjoy this family cabin experience as well. As a result, passing on the family cabin is often a priority when creating an estate plan. Unfortunately, complications may arise, both tax and otherwise, that can create challenges.
Whether you decide to...
The following is excerpted from No Thanks Mom: The Top Ten Objects Your Kids Do NOT Want (and what to do with them) by Elizabeth Stewart.
In the following list of the Top Ten Objects Your Kids Do Not Want — inspired by conversations (or lack thereof) about my keepsakes with my 30-year-old son, Lock, and his wife, as well as by similar conversations I’ve had with hundreds of boomer clients and their millennial heirs — I will help you find a remedy for dealing with...
We were sitting in the coffee shop
Telling lies and swelling tea
When the subject of our treasures rose
Mainly those belonging to me
I thought about the question
And all the stuff I've come to cherish
50 years I've been collecting things
Where'd they go if I should perish
You see my kids, they're not mechanical
Though I taught them the best I knew
To save these things all wizzy
Some were rolled, a lot were new
Now the barn's right full of old car parts
Some fenders, lots of chrome
But I just...
Sign up and we'll help you make plans that protect the people you care about most.