If you are lucky, you will live to a ripe, old age. But aging is not always smooth or easy. If you are considering estate planning, naming a power of attorney (POA) for personal care might be a wise choice. This is a legal document that allows you to choose someone to...
Once an estate plan has been written, many people simply file it away and put it out of mind. However, that’s the last thing you should do, since some of these documents need to changed and checked periodically. You'll need to periodically check that the status of...
Challenging a will is not for the faint of heart. Most often, estate planning is done carefully and thoughtfully. However, there may be occasions when litigation may be necessary. Contesting a will can be emotionally draining since the process involves invalidating...
Parents always want to ensure their children are taken care of. But Ontario residents who die intestate (without a will) and who have minor children need to understand the ramifications of having put estate planning on the back burner. So many people are busy living...
Creating your estate plan involves many personal decisions that should not be taken lightly. After all, determining who would be a trustworthy person to be your estate trustee, the guardian of your children or a power of attorney agent is not always an obvious choice....
Those in Ontario who are concerned about their financial futures may have Registered Retirement Savings Plans, tax-deferred accounts that help them put back money for their later years. However, account holders may not contribute to those plans once they reach the...
Watching your parents grow older is not an easy thing to do, but it is a sad part of life. Because it is often so sad, it is also something many in Ontario avoid talking about. Discussing end-of-life matters can be an important way for relieving some of the anxiety...
When it comes to end-of-life decisions, proper planning is crucial. In Ontario, estate planning documents may include a health care directive that provides the Substitute Decision Maker (SDM) with guidance about the patient's wishes regarding end-of-life medical...
When someone is given a "medical" power of attorney (power of Attorney for Personal Care), the individual appointed as the attorney can make medical decisions on behalf of the person who granted that authority. The attorney for personal care can make decisions about...
Almost everyone uses a computer these days. Most residents in Canada have a presence on social media sites such as Facebook, Twitter and Instagram. But what happens to those accounts when the person to whom they belong dies? That question can actually be answered...
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