Trust is key when picking POAs
Trust should be top of mind when drafting powers of attorney.Under Ontario’s Substitute Decisions Act, attorneys for property are granted authority over the grantor’s property, including their finances and bank…
Toronto cracks down on Airbnb
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Cooling-off period for new condo purchases can reduce sting of closing adjustments
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DIY spells disaster when it comes to wills
Do-it-yourself wills almost always end up costing more in the long run than they save in the moment.CTV News recently reported on a surge of interest in estate planning as…
Buyers have the upper hand in pandemic-hit real estate market
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Get a will to reduce your family’s stress
Having a will in place gives your surviving relatives some much needed certainty during a period of emotional and financial volatility.The Canadian Press recently reported that more than half of…
No better time than the present to make a will
Whether you’re old or young, rich or poor, now is the time to make a will.That’s truer than ever in light of the current pandemic we are all facing, and…
Aborted real estate deals can cost buyers
Backing out of a real estate deal is a risky business for prospective homebuyers, especially in a volatile market. Real estate brokerage Zoocasa recently predicted a return to good times…
Don’t rush into property co-ownership
Think long and hard before partnering up with a friend to buy a house.In a real estate market as crazy as the Toronto’s – the average price of a house…
Don’t forget digital assets in estate plan
Testators should maintain a list of their digital assets and passwords to ease the worries of their surviving relatives, says Toronto wills and estates lawyer Lisa Laredo. Laredo, principal of…
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