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February 2012
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Archive for the Readings Category

Mounties do Canada Proud

Halting elder abuse, Protect yourself against your greedy adult children

Abuse of wealthy elderly parents by their greedy adult children and other relatives is as common as sin — so common that legal eagles have coined a name for it: elder abuse. More than 500,000 reports of such abuse against elderly Americans are sent to legal authorities every year, and millions more cases are thought to go unreported. Indeed, U.S. Senate sources estimate that only 16% of all elder abuse cases are reported.

A comprehensive survey by the MetLife Mature Market Institute concludes that — Read more

Mortgage Penalties Can Be a Shocker

As interest rates fall to record lows, you may want to break your mortgage and negotiate a lower rate.But the penalty charges can be prohibitive if you’re in the early years of a long-term mortgage at a fixed rate.

Read more by Ellen Roseman at the Toronto Star here

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