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Eldercare and the new reality in estates law

Friday, April 13, 2018 @ 8:30 AM | By Paul Iacono and Susan Hyatt

In the next decade Canadian baby boomers stand to inherit about $750 billion which is a direct consequence of our aging population. Another consequence of that is the rising incidence of dementia and other cognitive disorders which is already at epidemic levels and will only get worse in the future.

It means there will be more disputes about a person’s ability to handle their own care or to make their own financial decisions. However, only 50 per cent of Canadians have a will today, and more...