Preferential share rises from $200,000 to $350,000
Surviving spouses whose partners die intestate are now entitled to the first $350,000 of the estate after the provincial government boosted the amount in its latest round of legal updates. …
Take control of end-of-life care with a ‘living will’
Most people have felt their mortality a little more keenly than usual in the last year of pandemic living, and I’m sure many of us have wondered what would happen…
Avoid common-law surprises when planning your estate
Defining your romantic relationship is not just important for the people involved, but for your will too. A recent decision by Ontario’s Court of Appeal appeared to expand the definition of…
Protect yourself from title fraud
Many of us have been – or at least know – victims of car theft or jewellery theft…but what about house theft? It might sound a bit outlandish, but title fraud…
UNIVERSAL CITY, CA - SEPTEMBER 12: Larry King visits "Extra" at Universal Studios Hollywood on September 12, 2017 in Universal City, California. (Photo by Noel Vasquez/Getty Images)
Lessons from Larry King’s will
Fame and wealth does not insulate you from legal problems, even after your death, as the fight over Larry King’s estate shows us. According to BBC News, the legendary talk show…
‘First dealings’ probate tax loophole only for those with wills
Big changes could be on the way for Ontario’s estate laws if the provincial government gets its way. The Ford administration recently introduced Bill 245 the Accelerating Access to Justice Act at Queen’s Park.
Estate law changes on the way
Big changes could be on the way for Ontario’s estate laws if the provincial government gets its way. The Ford administration recently introduced Bill 245 the Accelerating Access to Justice Act at Queen’s Park.
Small estate changes a small step in the right direction
Probate just got a little easier for some small estates. The provincial government recently announced that it would raise the limit for those considered “small estates” from $50,000 to $150,000. "Right now,…
Improving reverse mortgage products a good option for seniors
Reverse mortgages are growing in popularity as the quality of the products available improves. Better Dwelling, a news outlet covering the housing market, reports that reverse mortgage debt has spiked in…
Clear wording can stop a will challenge
Clarity is critical when it comes to drafting a will. Beneficiaries don’t always agree on what particular words or phrases in a will mean – Ontario’s Superior Court hears will challenge…
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