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There are advantages and disadvantages in transferring freehold mineral interest to a corporation rather than to individual beneficiaries.  | REUTERS/Nick Oxford photo

Keeping the mineral rights right

If there isn’t an oil well on the back 40, mineral rights may be something you never even think about, but maybe you should. “Often the family is not even aware of their existence until they are discovered during a routine title search in the administration of a deceased family member’s estate,” says Humboldt, Sask., […] Read more

Couples divorcing face the same dilemma that besieges non-divorcing couples: how to make things fair for the kids that aren’t farming?  |  Getty Images

When grey divorce meets estate planning

When practicing matrimonial law, the first thing Wynyard, Sask., lawyer Bill Klebeck asked farmers seeking a divorce was, “how many kids do you have and what do they do?” “If they’ve got grown children who are farming with them or who are taking over the farm, then you take a different approach, rather than saying, […] Read more

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Some people divorce and some people don’t

Not all of Clive Tolley’s clients want a divorce. Some just want some space. “I’ve had several clients that have got to a time in their life where they just wanted to have some independence and do some things they wanted to do and didn’t get a chance to do. They kind of still love […] Read more

Luxury retirement homes offer comfort and choice

Luxury retirement homes are a fairly new phenomenon, their popularity attributed to the desires or sheer numbers of the boomer generation. Canada may be poised for a seniors’ retirement home construction boom to accommodate the number of aging baby boomers, and like most of the things the big wave of post-war babies has done, they […] Read more

Could mediation replace litigation in divorce?

Moose Jaw mediator Clive Tolley says that about 50 percent of his work is with couples seeking divorce or separation. Some of these couples are part of the so-called boomer generation and some are older. Some contact him on their own, some are referred by their lawyers and some are ordered by the court to […] Read more

Farmers who are thinking about selling the farm should start by considering what they want to do with the money.  |  File photo

How to get the most out of a farmland sale

Selling farmland has changed along with the price. While demand is obviously higher, so are the opportunities to improve the sale price and shorten the period that land is on the market. In many cases, the value of grain land on the Canadian Prairies doubled in the five years after 2010 and has seen solid […] Read more

Marj and Ernest Swehla say retirement just means doing things differently.  |  Shirley Byers photo

Farming smarter can often mean farming later

A farm couple from Saskatchewan say they have no plans to retire, at least not in the way that it’s been traditionally done

They have worked hard for many years, they have overcome challenges and age-wise they might qualify; nevertheless, Marj and Ernest Swehla have no intention of retiring now — or ever. At least not in the conventional way. “Our retirement just means doing things differently,” says Ernest at their dining room table in their farm home […] Read more

Smart Sole is a shoe insert that has GPS tracking.

New gadgets help seniors stay at home longer

In Canada, more than 90 percent of people age 65 and older choose to stay in their homes and communities, according to Statistics Canada. Among seniors in their 90s, about half live in private households. If you or someone you love is among that number, there are many devices and gadgets that can make staying […] Read more

Knowing warning signs of deteriorating skills

The Canadian Automobile Association has compiled a list of warning signs that could signify whether a person needs to change driving habits, as well as information on a doctor’s role in managing this transition. Normal aging affects driving, but there isn’t a set age when a person is no longer safe behind the wheel. In […] Read more