Wills & Estates
Understanding Joint Assets in Estates: What You Need to Know
As estates lawyers, we understand the importance of providing accurate advice to estate trustees regarding the taxation of joint assets in the administration of estates. In this article, we will shed light on joint assets and their implications on estate administration tax. Notably, we will explore the circumstances under which joint assets are subject to…
Exploring the Power of Attorney for Personal Care
Ensuring the protection of your healthcare decisions when you are unable to make them yourself is of utmost importance. In such situations, a power of attorney for personal care serves as a vital legal solution to address this concern. This article aims to delve deeper into the intricacies of this essential legal document and highlight…
Wills Including Secondary Wills for Probate Planning
Probate planning is a crucial aspect of estate management, ensuring a smooth transfer of assets. Financial institutions, such as banks, trust companies, and insurance companies, play a significant role in this process. In this article, we will delve into the concept of wills, including secondary wills, and how financial institutions contribute to effective probate planning.…
Henson Trusts: A Guide for Special Needs Planning
When it comes to planning for the future of a loved one with special needs, many families consider setting up a Henson trust. This type of trust is specifically designed to provide financial support for a person with a disability, without affecting their eligibility for government support programs like the Ontario Disability Support Program (ODSP).…
Corporate Retirement Succession Planning: Our Services
Everyone knows the importance of preparing a will to protect your loved ones when you pass away. But if you’re a business owner, your offspring aren’t your only “children” — you also have your company to think about. No matter how much you love your business and are proud of what you’ve achieved, you’ll most…
Power of Attorney for Property and Real Estate
As much as we all like to imagine we’ll be physically and mentally capable for the rest of our lives, this isn’t always the case. We’re therefore left with two choices. To ignore this possibility and face the risk that if we’re wrong, our assets and loved ones are at risk. Or, to actively prepare…