With the many and frequent changes in estate and probate laws in Ontario, it is easy to see why many feel a bit overwhelmed and out of their element when they are left to administer the estates of loved ones who die. The laws are complex and filled with minutiae....
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Mississauga Wills & Estates Law Blog
The complex responsibilities of estate trustees
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Electronic wills versus handwritten wills
Now that most things are done with the use of technology, some people might be wondering how it could affect estate planning. There are definitive rules for creating wills in Ontario. Some people still wish to write their wills in their own handwriting, known as a...
Setting up a trust fund for the grandchildren
Becoming a grandparent is one of the most amazing experiences in life. Once Ontario residents have raised their own families, the torch is passed on to their adult children, and when a grandchild enters the picture, grandparents feel a special kind of love. In estate...
Monitoring guardianships in Ontario
When people are incapable of making their own decisions, someone needs to make them on their behalf. Often, a guardian is named or appointed to do so, and in Ontario, the Substitute Decisions Act (SDA) is the law that governs those guardianships. There are some...
Keeping the peace when writing a will
Estate planning is an essential task every adult should undertake. When an individual is writing their will and they have a few beneficiaries, including adult children, they would do well to understand how to keep peace in the family – especially among their children....
What can beneficiaries do if they don’t trust an executor?
Taking on the administration of someone’s estate is a big responsibility. Executors of estates have many issues on their plates, and it may become complicated if they aren’t trusted by one or more beneficiaries. In addition, beneficiaries who have reason to question...
Business owners should consider estate planning
Everything comes to an end one day. Most Ontario residents don’t like to think about it, but it’s a reality that can’t be escaped. For those who own businesses, it’s especially crucial that estate planning documents exist in the event an owner dies unexpectedly. It’s...
Estate planning when children aren’t involved
Just because a couple or an individual is childless doesn’t mean estate plans should be put on hold. Many single residents and childless Ontario couples should still consider estate planning since assets must go somewhere after one’s passing. For those who don’t have...
Estate planning for millennials
People who are in their 20s and 30s rarely think about having a comprehensive estate plan in place in case they should pass away unexpectedly. After all, even though life can be unpredictable, those young in age typically have a while to think about these things. It...
The importance and effectiveness of having a will
Many people do not realize that if they do not plan for what will happen to their estates after they die, the government will. Laws are already in place to determine how to divide the assets of someone who has died without a will, and these determinations do not...
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