Insurance trusts control timing, use of funds upon death
An insurance trust is a good mechanism for controlling the use and timing of life insurance proceeds following the death of the insured, Toronto wills and estates lawyer Lisa Laredo…
Buying a house with a tenant? Here’s what you need to know
For many homeowners, renting out the basement or other areas of their home is an attractive idea. After all, having a tenant helps cover mortgage costs, making the purchase easier…
5 more reasons you need to write a will now
January has come and gone but we’re still going on about the New Year’s resolution that should have been at the top of the list for at least half of…
Conditions exist to safeguard interests of purchasers
A booming real estate market last year caused an uptick in offers with no conditions, a phenomenon which can harm buyers, writes Toronto real estate lawyer Lisa Laredo in The…
Professional advice key when leaving gifts to charity
Testators should seek professional advice before leaving gifts to charity, Toronto wills and estates lawyer Lisa Laredo tells AdvocateDaily.com. “Before you do anything, I would recommend consulting a good accountant…
Don’t break this New Year’s resolution: Write a will
A resolution to write a will. With the holidays done and gone, it’s now that time of year — the time to buckle down and get on with fulfilling those…
New legislation proposes to increase protection for new homebuyers
Although the Ontario new home warranties plan has been in effect for more than 40 years, it has given rise to persistent complaints of an appearance of conflict of interest…
What happens when you die without a will
A will is one of the three most important documents every person should have (the other two being a Power of Attorney for Property and a Power of Attorney for…
Getting legal documents in order gives seniors peace of mind
With an aging population, it’s important to get your legal documents in order — and the earlier, the better, says Toronto wills and estates lawyer Lisa Laredo. For the first…
What you need to know about buying a pre-construction condo
Buying a pre-construction condo is more complicated than it first seems. The easy part is what feels like the hardest — finding a condo that you love at a price…