A lot of Canadians are expecting six-figure inheritances – here are some things that could get in the way
By: Rob Carrick PUBLISHED MAY 27, 2024 The Globe and Mail Quoted like scripture in the financial industry is a report from years ago that projected a $1-trillion transfer [...]
How to make sure your fur babies are looked after in your estate
BY: ANNA SHARRATT SPECIAL TO THE GLOBE AND MAIL PUBLISHED MAY 24, 2024 Shelley Forsythe’s black pug, Lilo, is 13. “He has been the love of our life,” [...]
Can a Power of Attorney for Property Change a Beneficiary Designation?
written by Jessica J. Butler, Law Clerk at Fasken LLP. Powers of attorney can be an area of confusion for those clients looking to create or update their estate plans. Clients can be uncertain as [...]
Does a spouse automatically inherit everything in Ontario?
If you are legally married to your spouse and have no will in place they are entitled to receive the first $200,000.00 and a portion thereafter depending on how many children you have. If you [...]
Passing on without plans in place: What happens to estates when there is no will.
Written By: NANCY WOODS SPECIAL TO THE GLOBE AND MAIL It’s always important to have a will. And that’s the case now more than ever. As I recently wrote, there’s been a legal change that [...]
A legal change on Jan. 1 will affect couples who marry and their wills.
Written by: NANCY WOODS AND NICK ESTERBAUER SPECIAL TO THE GLOBE AND MAIL Once upon a time, John Doe married Mary Smith. They eventually had two children, Bobby and Susie. They were married for 20 years, [...]
What happens when there’s a dispute amongst executors?
It is important for executors to work together in order to ensure that the estate is managed properly and that the wishes of the deceased are carried out. When drafting your Will, a dispute resolution [...]
What to look for in wills that deal with property in different jurisdictions
Written by: LEAH GOLOB SPECIAL TO THE GLOBE AND MAIL Estate planning can be complicated. Estate planning when people have property in different jurisdictions can be a whole new challenge altogether. For financial advisors, knowing [...]