When planning your estate, you may consider adding a beneficiary as a co-owner of your real property to make it easier for them to inherit it after your passing. This arrangement, known as joint tenancy, allows ownership to transfer automatically when one owner passes away. While this might seem like a simple solution, it can […]
JOINT TENANCY IN AN ESTATE PLAN – MAKE SURE YOU AREN’T INVITING A LAWSUIT! Read More »
In today’s digital world, your usernames and passwords are just as important as your physical assets when it comes to estate planning. Yet, many people overlook them, leaving their loved ones struggling to access vital online accounts after they pass away. Why Digital Assets Matter in Estate Planning The law in Ontario and Canada has
WHY YOUR DIGITAL ASSETS MUST BE A PART OF YOUR ESTATE PLAN IN ONTARIO Read More »
No-one wants to think about passing away, especially if we’re young or have small children. Unpredictable things happen unfortunately and taking care of your family through estate planning can help your family in many ways. With a well laid out estate plan, you can minimize the tax burden as much as possible for your loved
SAVE MONEY FOR YOUR FAMILY THROUGH ESTATE PLANNING Read More »
Reading through your Will can be confusing, particularly when trying to navigate the various legal terms included. A lot of legal language is used to summarize a long phrase and make your Will as concise as possible. A Will can be anywhere from about six pages to over twenty pages long depending on the provisions
UNDERSTANDING THE TERMS IN YOUR WILL Read More »
It can feel overwhelming to a business owner, the thought of embarking on a plan for succession/transition of their business. Particularly when the transition plan involves some or all their children. Commonly, the owner has a vision for the endpoint but does not have the map to get there. Navigation is the role of the
SHAREHOLDERS’ AGREEMENT: AN ESSENTIAL INGREDIENT IN THE FAMILY SUCCESSION PLAN Read More »
Online Wills and Will Kits from Amazon may seem tempting. You might think “$20 to prepare my Will – that’s a fantastic deal compared to paying hundreds to a lawyer!” Online Wills and Will Kits appear too good to be true – because they are. Here are just a few of the reason homemade Wills
WHY HOMEMADE WILLS ARE RISKY Read More »
It’s always a good time to start thinking about what you have been avoiding and go ahead and tackle it. No one wants to think about dying, and having a Will prepared is commonly something we avoid for as long as possible. It is best to face this uncomfortable feeling head on with an experienced
STOP PUTTING IT OFF – IT’S TIME TO MAKE YOUR WILL Read More »
“The afternoon knows what the morning never suspected.” — Robert Frost Planning ahead is essential and having a last will and testament in place is a lifetime gift you can give yourself and your family. Maybe you have been procrastinating about having your Will prepared? Or perhaps, your Will was prepared years ago and you
HAVE YOU PLANNED AHEAD? Read More »
*Trigger Warning* Power of Attorney for Personal Care A Power of Attorney for Personal Care is a legal document that appoints an ‘Attorney’ and gives that Attorney the power to make decisions on your behalf related to your personal care, including your health, medical treatment, housing, meals, hygiene, etc. Your Power of Attorney for Personal
ESTATE PLANNING AND MEDICAL ASSISTANCE IN DYING (MAID) IN ONTARIO Read More »
Your Last Will & Testament (your “Will”) is an important legal document that sets out how your estate will be administered – meaning how the property you own will be divided after you pass away. It is important to have a Will in place to ensure that your property is dealt with appropriately and in
WHAT TO EXPECT FROM YOUR ESTATE PLANNING LAWYER Read More »
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