Posted in Wills & Estates

You’ve built a life together — you share a home, finances, and maybe even a dog. But in the eyes of Ontario law, if you’re not married, you may have far fewer protections than you think.This post is the first in a series of articles that discuss where cohabitating couples may be at risk, an...

The short answer: Estate Administration Tax (often called probate fees) and capital gains tax are two separate taxes that can both arise when someone dies in Ontario. Estate Administration Tax applies to assets that pass through the estate. Capital gains tax applies to the growth in value of cert...

After a death in Ontario, the immediate priorities are registering the death, obtaining certified death certificates, securing the deceased's property, and locating the will. If the deceased owned real estate or accounts held solely in their name, the estate will likely need to go through probate ...

The short answer: Digital assets are anything you own or use online, including online banking, social media, email, cloud storage, subscriptions, loyalty points, and cryptocurrency. To protect them in Ontario, make an inventory, name a digital executor in your will, document your wishes for each ...

In Ontario, you generally cannot avoid capital gains tax and land transfer tax when gifting real estate to your child during your lifetime — with one key exception: if the property is your principal residence and it's mortgage-free, both taxes can be waived. Investment properties and cottages do...