Ontario residents who have taken steps to plan the execution of their estates after they pass away may need to consider reviewing and revising the relevant documents occasionally. Estate plans may need revision every few years as circumstances change. For example,...
Ontario residents may be interested to know that Jim Flaherty's wife, an Ontario MPP, submitted the will of the recently deceased former Minister of Finance for Canada's federal government to probate. The man, who died in April after suffering a heart attack at the...
When parents in Ontario and across Canada are in the middle of planning their estate, they need to balance their need for financial security with the desire to take care of their heirs. One expert in the field observed that the burden of taking care of others can...
Some Ontario residents may think that they can draw up a will and bequeath their assets to anyone they choose. However, a recent court ruling in another province has some estate lawyers raising their eyebrows as people scramble to figure out the implications of the...
When it comes to deciding on the future of a family cottage for residents of Ontario, the owner will need to address several questions. While the decision on who should inherit the cottage could be challenging, six tips can help the owner with their estate planning as...
Estate planning is not the most popular subject to consider, and people in Ontario sometimes might put it off as long as possible. However, timely estate planning offers several advantages, such as reducing overall taxes in addition to taxes upon the person's death....
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