When someone sets out to create an estate plan there are many things that person is likely taking into consideration. In many cases the main objective of the person drafting the estate plan is to make things easier for loved ones after they are gone. This objective...
Month: May 2015
In cases of incapacity power of attorney plays important role
If you have been named as an attorney for property over the financial matters of a loved one you may be wondering just what your role is. While the specifics of each situation will of course determine exactly what needs to be attended to, there are some general...
Estate planning the right way now could prevent litigation later
Financial planning is not always straightforward. This especially true for high net worth individuals. Persons, who fall into this category may need to address issues that others do not. In this post we will focus on three things that people in this demographic should...
Creating a succession plan to transfer a family farm
When it comes to planning for the succession of a family business farms are likely not the first thing that comes to mind. The reality however is that for some families in the Mississauga area farming is how they make a living. As is the case with any other type of...
Did you make these estate planning mistakes?
If you have or are in the midst of creating an estate plan, congratulations! Your willingness to take the time to let your loved ones know how you would like your assets distributed upon your death could make things easier for those you left behind, after you are...