Preventing Financial Fraud
Educating your parents on preventing online fraud can be difficult but it is an important conversation to have as seniors are a common target for online scammers. Staying up to date about the types of existing scams and how to avoid them is absolutely necessary these days. This infographic will give you some information on […]
Living Options for Elderly Parents
As your parents age, there is usually a concern of where they can live depending on how much care they will require. In Canada, there are quite a few options for seniors. Starting to discuss these as a family can help bring clarity later on if a decision needs to be made. This infographic shows […]
Helping Elderly Parents Manage Their Money
As your parents age, there may come a time when you will have to help them manage their finances. Preparing for this early will help you navigate the scenario if the time ever comes. This infographic will give you an idea for some of the ways you could help your elderly parents manage their finances.
Four Common Estate Planning Myths (And Why They’re Not True)
Sometimes, it just seems easier to put off life and legacy planning for another day. The thing about an estate plan is that you never know when you might need it. Here are some common myths that get in the way of starting a life and legacy plan.
Duties of an Executor
When completing your will, you will need to name an executor. They will be responsible for making decisions on your behalf after you pass away. It is a challenging decision and the role comes with a lot of responsibility. This video outlines the primary duties they will fulfill after you pass.
Discussing Finances With Your Aging Parents
As your parents age, it’s important to have conversations with them about money. It can be a difficult conversation to start as most families don’t talk about this regularly. This video outlines some ways that you can approach this subject with your parents to have a positive and productive conversation.
Considering a Joint Bank Account with Elderly Parents
Opening up a joint bank account with your parents may seem like a simple solution to help them manage their finances. However, there are also some disadvantages to this. This infographic highlights the advantages and disadvantages so that you can make the best decision for your family.
Considerations When Choosing Guardians
When completing your will, one of the hardest decisions can be choosing guardians for your children. This infographic covers the things you need to consider for making this big decision.