Many Canadians plan for the onset of mental incapacity by appointing an Attorney for Personal Care and an Attorney for Property. These powers of attorney allow someone other than the incapable individual to make decisions regarding his or her finances, health and...
The practice of estate litigation often involves handling disputes over the emotionally fraught matter of disinheritance. In some cases, disinheritance is unintentional -- the result of an oversight or poor planning. In other cases, family members find themselves...
You can try to ignore the topic, but doing so could lead to confusion and conflict among family members, as well as losses to your estate. According to a recent poll by the Canadian Imperial Bank of Commerce, more than 50 per cent of Canadians expect to leave behind...
A family cottage can be a very important asset for many estates and deciding what to do with it is often a big decision. In this post will attempt to provide some ideas how the disposition of a family cottage might be addressed.1. Providing instructions that upon...
In our last post we wrote about things that parents seeking to leave assets to their children can do to make the transfer easier. In this post we will look at steps children who are, or may be, slated to be beneficiaries of their parents estate, can take. Some of...
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