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Finance - Estate Planning and Related Financial Advice for Older Adults (Prince County)

This course will be taught over two sessions of 2.5 hours, each with a midpoint break. The two-part course will review the issues that you should be considering now as you plan the transfer of your assets to your loved ones (or to charity) later in life or upon your death. The instructor has designed the course based on common questions he has been asked, and his knowledge of unexpected financial issues faced by individuals (or their executors) because of what they did not know. Time for questions will be provided throughout the course. The topics covered in each part may change, based on the questions and interests of the audience, but this is the agenda - Part 1 will cover: - the estate process and what happens to your property upon death - with or without a Will; - the importance of your Will, and choosing the right executor; - what is probate, what does it cost, and is it worthwhile trying to avoid probate? - the risks versus benefits of joint ownership; - planning and issues related to your home, cottage and other real estate. Note that housing and long-term care issues will be a brief high level overview only. For more detailed coverage, see the course titled, "Housing and Related Financial Issues for Older Adults." In Part 2, topics will include: - Special Will planning issues - second marriages, location of your assets, foreign citizens, etc. - Powers of Attorney and Personal Care Directives - Advance Care Planning and Health Care Directives - Life and travel Insurance - Taxes on death - The benefits of Charitable giving - If time permits - Canada Pension Plan timing and survivor benefits This course will not discuss savings and investment matters, nor the timing of your RRSP withdrawals, which are covered in the course “Finance - Tax Planning for Older Adults.” It also excludes issues related to businesses, corporations and trusts.

Course Locations and Times

	Offering Period & Time	Location	Status
Fall	11/12/2025 - 11/14/2025 Wednesday, Friday 9:30 AM - 12:00 PM	Eptek Art & Culture Centre 130 Heather Moyse Dr SUMMERSIDE C1N 5Y8	Open
Winter
Spring

Requirements	To make the most of this course, write your questions down in advance; bring them with you or send them to the instructor before hand upon his invitation to do so. Answers will be provided in a general way without dealing with specific personal information. If you change your mind or cannot attend, other members may be able to take your place and/or the instructor can reduce the number of handouts made available, so please respect others by cancelling your registration as early as possible.
Objectives	To prove to you that a Will and Power of Attorney is not optional; to explain to you what you will need to know, and how to plan in advance, if you are the executor for a loved one; and to give you some important education on steps to take now to provide financial benefits during life and upon death. Above all, to answer your questions. This information is provided to help you understand and prepare for discussions with your own financial advisor and legal counsel.
Teaching Process	PowerPoint and Q&A
UPEI Parking Pass Required?	No
Additional Costs?	No
Additional Costs or Information	None

Course Facilitator

Blair Corkum

Blair is a Chartered Professional Accountant who has provided tax and financial advice for 48 years. He is unique in PEI because he focuses primarily on giving hourly based, fee-only financial advice as a Certified and Registered Financial Planner. He does not sell any investments, insurance, or other products, and does not receive any commissions or referral fees, thereby ensuring his independence and objectivity. Now semi-retired, his engagements are primarily one-time only meetings with older adults giving financial advice in the areas of retirement planning and long-term care matters, offering second opinions on the appropriateness of existing financial plans, and assisting with tax and estate planning, in addition to his financial divorce counselling. Blair considers himself a lifelong learner and also holds designations of Chartered Financial Divorce Specialist – Advanced Accreditation, Chartered Life Underwriter and Certified Health Insurance Specialist. Blair has written numerous articles and provided many seminars on financial planning topics, and has his own web site (www.corkumfinancial.ca) with over 100 of his articles and useful links to help you ensure you are doing the right things with your money. He has been profiled in national magazines, quoted in a variety of publications, appeared as a guest on radio and television, and volunteers with several non-profit organizations.