When you think of what will happen to your assets and belongings after you die, you may have in mind a particular person who is very fond of a special heirloom, or grandchildren you want to reward for completing their education. Perhaps you expect to leave a little...
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Mississauga Wills & Estates Law Blog
Getting the details right in your will
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5 responsibilities of an estate executor
If someone you know has asked you to take the role of estate executor after they die, you can be sure it is an honour. On the other hand, perhaps you have recently been surprised to learn that a loved one designated you for this task in their will without discussing...
Small mistakes on probate applications add months to wait
The probate process in Ontario is typically long, sometimes taking as long as a year. Often, much of that time involves waiting for the administrative offices of the estate court to catch up on its paperwork. In fact, many families are increasingly frustrated when...
Capacity tests are not always fair to those with disabilities
Guardianship is an important tool family and friends can use to protect a loved one who is no longer able to care for himself or herself. Through guardianship, someone can obtain the legal authority to manage a loved one's financial, legal or medical concerns without...
Alleviating your fears of assigning power of attorney
Perhaps one of the most misunderstood elements of an estate plan is the power of attorney designation. Unfortunately, because so many do not understand how it works or they fear losing control of their estate, they omit this important document from their estate...
Spare your loved ones from litigation to obtain digital assets
Thirty years ago, many people did not expect so much of their lives would be bound to the digital world. Nevertheless, countless people now store their photos, investments, bank information and other personal information online. When they pass away, it often causes...
Living inheritance may not meet your estate planning goals
Creating an estate plan is an ideal way to minimize the chances that your loved ones will fight over their inheritances. However, an estate plan does not always address two issues that may be important to you: watching your children enjoy their inheritance and helping...
The downside of probate: possible estate litigation
When you agreed to serve as executor for a loved one, you may not have fully understood the responsibilities you would take on when the time came. Like most people facing probate, you may have hoped it would go smoothly. Even if you knew it would take months to...
Estate plans and the financial fallout of current events
2020 has been a challenging year in many ways. In addition to everything else, large numbers of people have sustained financial losses from which they may never recover.Something you may need to consider is that your estate plan requires changes to keep up with the...
Caring for a loved one with dementia
As people age, they could end up suffering from medical conditions that require them to need assistance with their daily lives. Many are fortunate enough to having caring loved ones who are there for them in their time of need.Caring for someone with dementia presents...
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