An estate plan for Cinderella's parents

I've always thought that fairy tales in general are more suited to adults than the children to whom we recite them. The young and the vulnerable don't do well in fairy tales, being exposed to and abused by everything from man-eating giants to wolves in sheep's clothing to wicked step-mothers. I wouldn't think they'd be very comforting stories for kids, though I have to admit my own daughter loved Cinderella when she was young.

In an entertaining article, American lawyer Ahmed Shaikh describes how many of these alarming fairy tales, particularly the story of Cinderella, were rooted in real life situations such as a parent passing away. Click here to read this very enjoyable article, and think about what you should do to prevent your own children from living Cinderella's nightmare.

Fair and honest is never enough

I'm  attaching a link to an article from www.allaboutestates.ca, one of my favourite blogs. It explains why an executor or attorney under a power of attorney must keep good records. If you're one of the many executors or attorneys who is somewhat careless in record-keeping, be sure to check out this article for a bit of incentive. Click here to read the article.

Do's and Don'ts When Selecting a Fiduciary

A fiduciary is a person in a position of trust who is bound to act in the best interests of another person. In estate planning, this term would refer both to the executor of your Will and the person appointed as attorney under your power of attorney. This article has some good advice for you as you consider who you want to name in those two positions. Click here to check it out. The attached photo is also from this article on AnswersforElders.com.