One of the most important choices you make when creating a will is who will be your estate trustee. This difficult but vital duty involves the protection and management of the estate’s assets. An estate trustee should have certain qualities that will assist him or her...
For too long, those in Ontario facing the loss of a loved one have also had to deal with additional grief in the long and costly process of estate administration. Managing the estate of a deceased family member often meant cumbersome rules and expensive management...
When you think of what will happen to your assets and belongings after you die, you may have in mind a particular person who is very fond of a special heirloom, or grandchildren you want to reward for completing their education. Perhaps you expect to leave a little...
The probate process in Ontario is typically long, sometimes taking as long as a year. Often, much of that time involves waiting for the administrative offices of the estate court to catch up on its paperwork. In fact, many families are increasingly frustrated when...
Thirty years ago, many people did not expect so much of their lives would be bound to the digital world. Nevertheless, countless people now store their photos, investments, bank information and other personal information online. When they pass away, it often causes...
2020 has been a challenging year in many ways. In addition to everything else, large numbers of people have sustained financial losses from which they may never recover.Something you may need to consider is that your estate plan requires changes to keep up with the...
When a loved one passes away, they ordinarily leave behind assets, debts and other property that need to be distributed, disposed of or otherwise handled. Probate may be necessary in order to accomplish these and other tasks, which requires a Certificate of...
Some people don't think they have enough assets to have to worry about a will. Others simply never get around to creating one. Whatever the case, matters can quickly become complicated if you pass away without a valid will.In such cases, Ontario intestacy rules will...
Being an executor or power of attorney often comes with its challenges. Outdated estate plans can make the process particularly tricky, in part because the wishes outlined in the legal documents may not align with what the deceased communicated to...
Running a successful business takes a great deal of commitment and work. If you are one of the lucky ones whose business has withstood the test of time, you more than likely want to make sure that it outlasts you. Perhaps you made arrangements within the company to...
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