It Is Predicted That by the Year 2030, the Median

question 181

True/False

It is predicted that by the year 2030, the median age of the Canadian population will be 44.

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Definitions:

Accountant

A professional who can plan, direct, and evaluate a client’s financial affairs.

Probate Process

A legal process through which a deceased person's estate is properly distributed to heirs and designated beneficiaries, and any debt owed to creditors is paid off.

Probate-Avoiding Devices

Legal strategies or tools used to transfer assets upon death without going through the probate court process.

Will

A legal document, not valid until the testator’s death, expressing the testator’s intent in the distribution of all real and personal property.