Many seniors are at odds with others over the question of money. Should they spend what they have saved over the years or should they pass it on as an inheritance? At one time it was more common to...
Even if you aren’t a caregiver for your elderly parents there may come a time when financial issues have to be discussed with them. Sometimes seniors aren’t able to handle their money as well when they age. Often this...
Recently we discovered an article published by The Globe and Mail, ‘Seniors taking out mortgages – is it ever a good idea?' By Diane Jermyn. The article follows a senior couple who are considering accessing funds locked up in...
Seniors, especially those who are isolated, tend to become victims of fraud or financial abuse. Telemarketing scams are common. Financial abuse from friends, relatives and others who are in a position of trust can also occur. Quite often the...
Many people are told to “Have an estate sale” and some people are horrified at the thought of having 100s of strangers walking through the family home. Is an estate sale a good idea?
I just read about a lady...
When it comes to Estate Planning, it is crucial that you consider the issues that may arise after you have moved on.
On top of all of our responsibilities, it may be difficult to set aside enough time to ensure...
The last thing any of us want is our children fighting. We expect it when the are young and growing up. We hope any sibling rivalry comes to an end once they have grown up. Sometimes it does. Sometimes it...
What is senior financial health? We always talk to physical, emotional and mental health but what about financial? The number of seniors in North America is increasing yearly. Do these seniors feel well financially?
Surprisingly, seniors, which include those 50 and over...
