Posted in Wills & Estates

The short answer: The most common estate planning mistakes in Ontario are not having a will, not updating it after major life changes, failing to name beneficiaries on eligible accounts, not planning for incapacity with a power of attorney, and not talking to family about your plan. Avoiding them...

Are you in a partnership where one of you is responsible for the bills, the insurance and the banking and the other partner just goes with the flow?One partner might know where the wills, the life insurance paperwork, and other important documents are, and the other partner hasn’t a clue.Collec...

The short answer: Estate Administration Tax (EAT), often called probate fees, is a tax Ontario charges on the value of an estate when an estate certificate is issued. There's no tax on the first $50,000, and $15 per $1,000 above that. Naming beneficiaries and holding assets jointly can reduce how ...

When settling the estate of an individual there are often hurdles and hiccups that must be navigated. If you are  an Executor of an estate that has property to sell, we expect that you may have some serious questions. Read more about what to expect when you are appointed as an Executor ...

In Ontario, pets are considered property so the same rules of guardianship of your children do not apply. In fact, when it comes to your estate your beloved cat is considered as no more valuable than your couch, or your sweet dog is only as important as your dining room table.A recent a...