If you are an estate executor in Ontario, then the administration of the estate may seem like an impassable web of affidavits, notices and forms. Following the correct procedure is highly important, however, and you're not alone if you feel overwhelmed by the...
Avoiding taxes or minimizing their impact on your estate is an essential part of comprehensive estate planning. Compared with other provinces, Ontario has a particularly high estate administration tax. However, there are strategies that a lawyer can help you implement...
The tax free savings account is a cost-effective investment tool not only because it shields your savings from taxes, but also because a TFSA is not necessarily subject to probate and can be used to pass an inheritance confidentially to a beneficiary.With a TFSA, you...
A comprehensive estate plan can include multiple vehicles for retirement savings. For example, a trust, a tax free savings account and a registered retirement savings plan can all be coordinated in the same estate plan in order to maximize your finances during...
Estate beneficiaries find themselves in disputes for a variety of reasons. The grief of losing a loved one, unresolved divorce-related issues, mental health issues, lack of mental capacity, and deep-seated family disagreements can all factor largely. In most cases,...
Subscribe To This Blog's Feed