Creating an estate plan isn't something that many people look forward to. It’s something most people put off, because after all, who really wants to think about dying? But some estate plans -- which include wills -- may run into issues when they’re about to be...
It’s likely the one single thing that leads most parents to plan for the future is their children. No one likes to think about death. However, if you have minor children, it is crucial to do some estate planning for those unforeseen events that occasionally happen....
Some people think once they have an estate plan in place, they don’t need to think about it anymore. But there is more to estate planning that you should know about – and some major mistakes to watch for. The first significant mistake is not having an estate plan at...
There are typically all kinds of legalities involved when someone passes away. When Ontario residents die without having done any estate planning and no one is available to see to their estates, someone will need to look after estate administration duties. This is...
Parents want to make sure their children are taken care of once they’re no longer around. Most Ontario residents leave their children an inheritance when working on their estate planning documents. However, lately there has been an upswing in the numbers of...
There are some people who need help in managing their financial affairs. In these cases, a financial planner may be sought out. But how does financial planning differ from estate planning in Ontario? They sound the same, but in this case one thing is not like the...
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