The best way to raise trustworthy, fiscally prudent adults is to instill values and knowledge when they're young, so they have a solid foundation to build on.
Educating our youth is
a great place to start!
Todays adults will be tomorrows Powers of Attorney and Executors. They're going to need quick study courses like the Personal Fiduciary Certificate program (under Learn) and professionals who can help, by providing guidance and professional services (under Find)
Education is critical to protect seniors from financial elder abuse while they're alive and ensuring their final wishes are fulfilled, as they directed, after they're gone.
To protect our elderly, we need to properly educate all of those they will need to depend upon.
Powers of Attorney, Executors and Trustees in Canada may turn to up to seventeen professions for guidance.
It's important that each of them understands what the others do to add value. Through specialized education, these people learn the full spectrum of what clients need, in order to assist them in their own right, and then refer accordingly.
(See more under Learn)
Our banks, credit unions and other institutions are vital, both in being the first line of defense against financial elder abuse and providing important services for Canadians.
They can add value by ensuring staff have specialized education and requiring or at least recommending personal fiduciaries obtain their Personal Fiduciary Certificates.
(See more under Learn)
Governments have an important role to play in protecting Canadians, both at the federal level and even more so territorially and provincially.
The Task Force on Financial Literacy began in 2009 and has helped countless Canadians, but the time has come for Fiduciary Literacy, to add ethical conduct and fiduciary responsibility to help protect seniors.
It's time to further this great initiative
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