Understand Your Home Insurance Policy
Recently, dozens of home and business owners in Goderich suffered tremendous losses as a result of one of the most severe tornadoes to hit Ontario in 15 years. If you know you would not have the right insurance coverage to rebuild and cover your financial loss after a tornado, fire, flood or other natural disaster […]
Will Kits: Cookie Cutter Disasters
Having a will is undoubtedly an essential part of proper estate planning, yet many individuals do not make this a priority. With so many on-line gimmicks proposing quick and easy do-it-yourself will kits, it is not surprising the vast majority of people who use them do not realize the difficulties their loved ones will face […]
Powers of Attorney and Guardianships
“Powers of Attorney and Guardianships” for Woodbridge Library, Woodbridge, Canada, October 20, 2011
Protecting Your Estate
“Protecting Your Estate” for Sunlife Financial, Woodbridge, Canada, October 5, 2011
Wills and Powers of Attorney
“Wills and Powers of Attorney” for Pierre Berton Resource Library, Thornhill, Canada, August 25, 2011
Choosing the Right Estate Trustee
The Estate Trustee (also known as the executor) is the person appointed in an individual’s will to carry out the instructions in the will. As this role requires much time and effort, the person so appointed should be chosen with great care. The duties of an estate trustee include: arranging for the funeral and burial […]
Effective Succession Planning for Cottages and Investment Properties
Despite the obvious benefits of owning a cottage or investment property, there are numerous issues that can arise when they are transferred. For example: Which children, if any, are interested in future ownership? Which one(s) do you want to transfer it to? What are the tax and probate fee implications to transferring the property now […]
Wills and Powers of Attorney
“Wills and Powers of Attorney” for Pierre Berton Resource Library, Thornhill, Canada, June 23, 2011
Protecting Your Estate
“Protecting Your Estate” for ING Direct, Toronto, Canada, June 22, 2011
Due Diligence Can Prevent Estate Litigation
Poor choices made by financial planners in connecting their clients to wills and estate lawyers can, and often do, result in lengthy and expensive estate litigation. Solicitor negligence is not something that people like to talk about, but it can be a problem, said Markham-based Andrea Kelly, barrister and solicitor, speaking at the CIFPs’ 9th […]