trust for children

Did you know that a child under the age of 18, referred to legally as a minor, is actually not allowed under the laws of Ontario to directly receive a substantial inheritance? This is true whether the…

pet estates lawyer kanata

Many of us consider our pets to be beloved family members. It is important to plan appropriately for our pets in the event of our mental incapacity or death. Immediate Care after Incapacity/Death Every pet owner should…

estate planning separation

If you separate from your spouse with no prospect of reconciliation or if you divorce your spouse, you should promptly review your estate planning and consider revisions to your Will and Powers of Attorney. You should also…

snowbirds tax estate planning

It often makes good financial sense for spouses to name each other as the beneficiaries of their Registered Retirement Savings Plan (RRSP), Registered Retirement Income Fund (RRIF), Tax Free Savings Account (TFSA), life insurance proceeds or similar…

There are two kinds of Powers of Attorney documents: Power of Attorney for Property; Power of Attorney for Personal Care. In these documents, you legally appoint your “attorney” to make decisions for you. Although your lawyer might…

You may be surprised to learn that the answer for many of our clients is ‘yes’. Having two Wills can make things easier for the executor while saving the estate time and money and leaving more for…

Executors and Trustees who do not reside in Canada If a person acting as an executor (also referred to as an ‘Estate Trustee’) or a trustee of a Canadian estate or trust is a non-resident of Canada…

estate planning grandchild trust

Definition of a Trust One person or persons (trustee) holding something, such as investments, bank accounts or other property, for the benefit of someone else (beneficiary). A trust set up on the death of the trustee’s creator…

assets protection

What is a trust? A “trust” is a relationship where one person holds assets for the benefit of someone else. There is a separation between the legal owner of the assets, the “trustee”, and the person who…

kanata wills estates lawyer

What Is Probate? Probate is the process of having an individual appointed by the Court as an Estate Trustee (also called Executor or Executrix) for the estate of a deceased  person. The Estate Trustee is the person…

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