December 21, 2017

We have 750 billion reasons to have ‘the talk’ about inheritance with our children

Canadians can expect a $750 billion windfall from inheritance over the next decade, but it’s also expected to create a lot of family tension. This is why it’s important for older Canadians to talk about their inheritance with their children. Putting plans in place and communicating those plans can help avoid fights between their children when it comes to inheritance. This is especially true for blended families, with each laying claim to the money. Thankfully, there is a way to prevent this kind of thing from happening and sometimes involving a neutral third party can help.

Read more: We have 750 billion reasons to have ‘the talk’ about inheritance with our children

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