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 have no children your spouse will inherit your entire estate. Your personal items will be [...]

2023-02-27T16:08:35-05:00February 27th, 2023|Estates and Estate Planning, Wills|

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 will affect the wills of some couples who marry. Here are some scenarios that illustrate [...]

2023-02-17T16:30:45-05:00February 17th, 2023|Estates and Estate Planning, Wills|

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, and built a life together. They had a house, two cars and a dog, Rover. [...]

2023-02-17T16:32:07-05:00February 17th, 2023|Estates and Estate Planning, Wills|

Couple whose Toronto home sold without their knowledge says systems failed to protect them

Stakeholders call for multi-factor ID verification to protect against real-estate fraud Written by:  Nicole Brockbank, Farrah Merali, John Lancaster · CBC News When Stephanie logged online to pay her monthly bills last year she noticed something strange. The mortgage she shared with her husband, Derrick, had disappeared from the home screen of her Canadian bank [...]

2023-02-15T11:09:14-05:00January 26th, 2023|Property, Real Estate, Refinancing|

How to prepare an Estate Plan

Follow some of these easy steps to start your estate planning today: Gather your financial information: Gather all of your financial information, including bank accounts, investments, and property. Choose your beneficiaries: Decide who you want to receive your assets after you pass away. Select an executor: Choose someone you trust [...]

2023-02-15T11:14:07-05:00January 19th, 2023|Estates and Estate Planning, Wills|

Banks vs Brokers: which is better?

An article written by Claire Wilson. As B.C. homebuyers continue to navigate the real estate market in an inflationary environment marked by rate hikes and volatility, finding a good mortgage rate is an essential part of the homebuying process. There are two main options for buyers when looking for an [...]

2023-02-15T11:16:03-05:00January 18th, 2023|Property, Real Estate, Refinancing|

Importance of a WILL

A Will is an important legal document that allows a person to determine what happens to their assets and possessions once they pass away. It allows a person to designate who will receive their property and other assets, as well as who will be responsible for administering their estate and [...]

2023-02-15T11:17:37-05:00January 17th, 2023|Estates and Estate Planning, Wills|
Go to Top