We often meet with clients concerned about leaving an inheritance to a “problem” beneficiary. Common examples include an alcoholic, a drug addict, a compulsive gambler or spendthrift, a bankrupt beneficiary, a beneficiary going through a matrimonial break up...
Powers of Attorney are a type of agency arrangement whereby a principal appoints an attorney or attorneys to manage their financial affairs. Powers of Attorney created in South Australia are governed by the Powers of Attorney & Agency Act 1984. A general Power...
Recently, Gerald Cotton, CEO of Quadriga CX (Canada’s largest crypto currency exchange), died, age 30, taking with him the company’s “digital wallets” and their password to his grave; wiping out an estimated almost $283 million worth of crypto currency forever. A...
Gen Z , Gen X & Baby Boomers- Proper Planning has something for everyone Whether you are Generation Z, a baby boomer or anywhere in between – Estate Planning and documenting arrangements is equally as important at any age. Let’s put this into perspective…...
Q. I have heard of some people having Wills that include testamentary trusts. What are they? A. A testamentary trust is simply a trust that is established through a Will. There are many different types of trusts that arise in Wills: from a simple trust where funds are...
