When a resident of Ontario dies without a will, also called dying intestate, the person's property is distributed pursuant to the terms of the Succession Law Reform Act. Generally speaking, property is distributed first to the surviving spouse, if any, and then to...
When an individual in Ontario passes on, that person's estate may be require to pay certain taxes. At the time of death, the executor of an estate is required to file a terminal tax return on that person's behalf. Any capital property that is owned by an individual...
When a person dies in Ontario, someone has to administer their estate. Administrators were previously appointed during probate. However, a person now gains the authority to administer an estate by obtaining a certificate from the Superior Court of Justice. As part of...
Financial advisers say it is important for Ontario couples to discuss their finances and be prepared for the death of a spouse. Otherwise, the loss of a spouse can put an enormous financial strain on the survivor. Reports indicate that many Canadians do not have...
Citizens of Ontario who appoint legal guardians as property caretakers for incapable individuals, such as elderly family members, may be interested to learn that the duties and powers of such guardians are limited by established legislation. According to the Ontario...
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