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 to what kinds of duties and responsibilities someone appointed under a power of attorney may [...]
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 will affect the wills of some couples who marry. Here are some scenarios that illustrate [...]
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, and built a life together. They had a house, two cars and a dog, Rover. [...]
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 clause can be added to avoid any potential issues. However, if there is a dispute [...]
1.Your estate distribution will be in accordance with the law. If you are legally married to your spouse they are entitled to receive the first $200,000.00 and a portion thereafter depending on how many children you have. If you have no children your spouse will inherit your entire estate. Your personal [...]
WRITTEN BY: KELSEY ROLFE FOR THE GLOBE AND MAIL A growing number of single people and couples are choosing not to have children for myriad reasons – a decision that advisors say have implications for their long-term financial and estate plans. A Pew Research Center survey from November [...]
Estate planning is a process by which individuals and families plan for the transfer of their assets and affairs upon death or incapacity. This process involves creating a comprehensive plan that will ensure that the individual's wishes are respected, that taxes and other expenses are minimized, and that the assets [...]
We can offer four (4) types of services: Estate Consultation Legal fees starting at $350.00 + HST Our legal fees include: Meeting with you to discuss your needs; Reviewing the Will; Providing guidance on next steps necessary (ie. Registration of Survivorship Application or Filing an Estate Application). Preparing and Filing [...]
Some decisions can lead to terrible family rifts that never mend Written by: Ted Rechtshaffen Family feuds get ratings. Just look at Prince Harry and Meghan Markle. But we’re more interested in promoting peace and harmony within families, especially when it comes to estate planning. This can often be [...]
Four changes to Ontario’s estate planning laws advisors and their clients need to consider. Written by: KIMBERLY WHALEY AND BRYAN GILMARTIN SPECIAL TO THE GLOBE AND MAIL PUBLISHED FEBRUARY 9, 2022 Several important legal changes came into effect in 2022 for estate planning in Ontario that have an impact on how wills [...]
