News Sources – The Globe and Mail

Posted by Ravi Gulati | Posted in Financial Planning | Posted on 24-04-2014

Study finds one third of Canadians have powers of attorney for property

Half of Canadians have not spoken to their families about their written wills

A recent Scotiabank study found that half 50% of Canadians have a will. However, when considering that a complete estate plan also includes a power of attorney, the study found that only one third 33% of Canadians have a power of attorney for property, while 59% do not have one and 8% say they don’t know what it is.

News Sources – The Globe and Mail.