Lease vs Buying a Car

April 30th 2009
Hello my friend,

I only share this with the membership of the Chamber as the response back from my existing client base was so positive. Here are three informative topics.

1) Tomorrow you pass away with no Will... now what?
2) Do you lease vs. buying a car?


Ever wondered what happens if you pass away without a Will?

Click this link for all the answers:
http://www.cba.org/BC/public_media/wills/177.aspx
(copy/paste if it doesn't load when clicked)

Remember 'your' debt (or your parents debt) does not go away when you/they pass on? I recently encountered a client file where a final parent passed away with debt, pretty normal right? Well the parent’s principle residence has been sitting on the market for sometime (9 months) unable to sell… meanwhile the children have had to re-mortgage their own homes to satisfy paying off a maxed out line of credit held by the deceased parent.… Not exactly what the children expected to say the least while dealing with the loss of their parent all at the same time.

It is inevitable that one day this is going to need to be addressed, why not address it now so everything can be mapped out, or at least somewhat mapped out. It is fact that the three most NOT talking about topics within a family are: Money, Death, and Sex/Relationships. As much as I like to think I have relationships figured out I will leave that for you and your family to sort out but the first two I am very confident our group has the tools and resources to help you.

If you would like to see if your situation (or your parents situation) can be enhanced please give us a call, if nothing else, your family will know everything is, in fact, taken care of. With a combined 39 years of experience in estate planning, there is little, Brent, Grant or myself haven't seen before and if it is, our resource team will definitely be able to solve your problem.

Should I lease or buy a vehicle:
This site is a great resource that you could share with your clients as it is not biased one way or the other. They provide a simple to follow way of understanding both sides of the coin. - http://www.leaseguide.com/lease03.htm

I hope all of you are doing well and if you are on Facebook or Twitter, add me ('Serviss') and keep an eye on the Status Lines.
Take care

Dustin
www.serviss.ca

Dustin Serviss, RHU
Associate
The Peacock Sheridan Group
205-1180 Sunset Drive Phone 250.869.1451
Kelowna BC V1Y 9W6 Fax 250.869.1452