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Monday, February 6, 2012

My neighbour is moving - how kids pay for the parents' lack of planning

One of my favourite Canadian blogs is http://www.allaboutestates.ca/ . Today they have a post by Paul Fensom that illustrates what can happen when someone fails to do any estate planning at all. It's a sad story but not at all uncommon. The daughter is paying dearly for her Dad's lack of planning. My guess is that the father felt his affairs were so simple, he didn't need to plan. In any event, click here to read the article. I hope you'll take away from it a realization that all of us need to protect our families by planning ahead.

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