Many people do not realize that if they do not plan for what will happen to their estates after they die, the government will. Laws are already in place to determine how to divide the assets of someone who has died without a will, and these determinations do not...
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...
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...
No one relishes discussing dying. It’s a subject most Ontario residents would rather not broach, but it is important to do so even if it might be uncomfortable at first. There are many things people need to know about when it comes to estate planning, and wills are...
One day, we will all pass away. That is a fact of life, yet so many Ontario residents put off any kind of estate planning, including writing their wills. Why are so many people resistant to making an exit plan? It can’t only be an unwillingness to face death. What are...
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...
Unfortunately, some people die without making proper arrangements regarding their estates. Ontario residents who die intestate – or without wills – may have a loved one step up to the plate wanting to take on the responsibilities of being an estate trustee. But is...
There are many reasons people procrastinate creating a will. Some believe their estates are too simple to require an estate plan, and others may think they are too young to think about such things. However, one of the most frequent excuses for failing to write a will...
Every adult should have a will. But there may be instances in Ontario where having multiple wills may be even more prudent, especially when it comes to lowering estate administration taxes as they're now known. Ontario is actually the only province to allow dual...
Many common-law partners believe the laws are the same for them as they are for traditionally married couples. That is not always so in most provinces, Ontario included. So, when common-law partners are having wills drafted, they should make specific mention of...
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