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Two reasons why Canadians avoid will and estate planning

  • 1 min watch

12.5 million Canadians don’t have a will. Dr. Tom Deans, Intergenerational wealth transfer expert explains the top two reasons for this and why every adult over 18 should get their affairs in order.

Highlights

  • Superstition comes into play – If I sign a will, I will die
  • At 18, you need a will, power of attorney and health care directive
  • Some people think if they make a will, others will try to get their stuff
  • Creating a will and power of attorney is about the living