People over 50 are certainly into the second half of life, but that doesn’t mean they can’t continue to grow.
What happens if I do not have a Will?
By Amanda J. Stacey, Catholic Register SpecialThere are plenty of reasons for having a Will, especially when it comes to the role it plays in dealing with children and their future.
Plan wisely to minimize taxes
By Anthony M. Cusimano, Catholic Register SpecialAn estate plan should evolve and change as people age and family circumstances change. One goal should be to minimize and defer the tax on your death until the time your heirs sell the assets. Strategies can also be implemented during a person’s lifetime to minimize taxes.
An odd encounter: shotguns, silver bars, a priest and a guy named Phil
By Quentin Schesnuik, Catholic Register SpecialThe old man’s white beard shook as his quivering lips whispered, “The entire world financial system is about to collapse. An armoured car will arrive in 15 minutes to deliver me a truckload of silver bars worth about a quarter million dollars. If you come with me now, half of them are for you.”
Insurance a good option to aid charities
By Jean Ko Din, The Catholic RegisterFor many people, dedicating a portion of their wealth to the Church after their death is a way of giving back to a community that has accompanied them through all stages of life.
The must-haves of estate planning
By Carla Figliomeni, Catholic Register SpecialWhether you are reviewing your current estate plan or considering a plan for the first time, there are several definite “must-haves.” Here are five of them:
Your guide to finding unclaimed bank balances
By Nerissa Flores, Catholic Register SpecialSo your reclusive Uncle Steve suddenly dies leaving no Will or documentation regarding his finances or estate. You always knew he had some money, but you have gone through his home looking for any documents that will help and have come up empty.
We owe a loved one the dignity of a proper funeral
By Michael McGourty, Catholic Register SpecialWhen the Christian community gathers to celebrate a Funeral Mass, it gathers as members of the Church on Earth to say farewell to a loved one and entrust their soul, through the mercy of God, to Heaven.
Power of attorney is for everyone
By Michael Swan, The Catholic RegisterGet a lawyer. Get a will. Get a power of attorney — in fact, get two. These aren’t tricky or exclusive legal arrangements for rich people. Ordinary, average Canadians need these documents.
The right words are critical in making a Will
By Jean Ko Din, The Catholic RegisterAs the saying goes, words can hurt. That is especially true in a Will, where even the most minor of language mistakes can have a dramatic impact on how assets are split.
Shepherds’ Trust ensures priests who cared for you will be cared for as well
By Quentin Schesnuik, Catholic Register SpecialBefore the death of Fr. Peter Rosettis in 2003, he drafted an estate plan to ensure three things happened after his funeral.