Harold, ever the storyteller! Photo by Lisa Loeffler |
So when he passed, I thought sorting his finances and estate would be a fairly easy endeavour. Well, such things are never easy, what with the emotion and commotion that often surround them. Seems a mistake made on his land title has forced everything to go through probate. (NOTE: Make sure your title doesn't just have owners' names, but also says "as joint tenants".) It will all be sorted eventually with added cost and headache, but it's just another example of why it's a good idea to go through your finances/assets/documents and make sure your wishes are known BEFORE anything happens.
Have a read of my Calgary Herald article that addresses this very issue. My good friend Wayne shares the experience of sorting his dad's finances after he passed. Good advice straight from the heart.
We miss you Harold! xoxo