The beginning of a new year is the time to reevaluate some things in life, and it’s usually the time people look at their finances. Experts say that it might also be the best time for Ontario residents to either review the estate planning documents they already have...
Month: January 2022
Becoming the guardian of an elderly parent
Most parents take very good care of their children, seeing to their physical and emotional needs. The shoe could eventually be on the other foot for some Ontario residents who find that a parent is starting to have difficulty thinking clearly and making prudent...
What happens when someone dies without a will?
When someone dies without having left any written instructions regarding what to do about their assets and debts, it’s known as dying intestate. Ontario residents who die without wills often leave their loved ones in an unenviable position. How will the person’s...
Differences between guardians of property and of person
Life is unpredictable, and there are times when people may no longer have the mental capacity to make decisions for themselves. In Ontario when that happens, guardianships may come into play, and there are guardians for both property and person. It may be helpful to...
What if beneficiaries don’t trust the executor of a will?
People who are writing their estate plans usually choose someone they trust to administer the estate. But what happens when beneficiaries in Ontario don’t trust wills’ executors? Is there anything they can do to safeguard themselves? The short answer is no – not...