When planning your estate, you undoubtedly want to take steps to minimize probate fees, avoid unnecessary taxes and protect assets for heirs and beneficiaries. Creating a trust can be an excellent way of ensuring those outcomes.Certain kinds of trusts benefit from...
Month: December 2014
Season Greetings from Hagel Lawfirm
WISHING YOU JOY AND HAPPINESS IN THIS HOLIDAYS SEASONAND THROUGHOUT THE NEW YEAR OF 2015
Estate Litigation – Dispute resolution in the estate matters
Estate litigation is often a result of conflicts that did to get addressed during the estate planning process. Much of estate planning involves consideration of specific family dynamics. For example, maybe one heir to an estate handles money matters particularly well,...
Why it’s so important for blended families to consider estate planning
Over the last several decades, the definition of the traditional family has undergone something of a transformation. To illustrate, consider how our views of the typical family have evolved from beyond the traditional nuclear family -- a once-married couple and their...
Things you should know about Ontario’s estate administration tax
If someone you know and love has died, then you may be faced with the daunting task of handling matters of your loved one's estate, including the payment of debts and the distribution of assets. Depending on the kinds of assets involved, you may need to file for a...