Law360
Estate planning for kinless Canadians is not necessarily simpler than creating a plan for a person with a spouse or children. Stephen Hsia and Honor Lay write a 2-part series for Law360 covering general considerations when appointing an executor or attorney, tips to minimize estate planning costs, and some of the special issues that can often arise.
Canadians are increasingly choosing to remain single rather than marry and have children. Today, single Canadian households make up 29 per cent of households countrywide. […] Owing no obligations to a dependent spouse or children, the kinless Canadian has greater flexibility to dispose of their property as they see fit. Creating a customized estate plan, however, can increase estate planning costs.
Read the full articles (subscription required): Estate planning: No spouse, no children, part one | Estate planning: No spouse, no children, part two
