Zombie deeds: Scarily risky estate planning tool
A pair of legal decisions have left “zombie” deeds hovering – appropriately enough – between life and death. The deed gets its spooky name from the manner of the property…
Account for reproductive material when drafting a will
Stored genetic material is as close as most of us will get to a priceless asset, so it’s critical you account for it in your will. Whether they’re in committed…
Blended families add complexity to estate planning
Keeping your beneficiary designations up to date can save your heirs time and money. Although they’re often forgotten by testators, the beneficiary designations on things like RRSPs, life insurance policies…
Boomers unsure beneficiaries can handle their inheritance
Baby Boomers who are worried about how heirs will handle their inheritance have options when it comes to estate planning. With the country’s largest intergenerational transfer already underway – around…
When two wills are better than one
Two wills are sometimes better than one. Since the late 1990s, testators in Ontario have been able to divide their property between two wills: one for assets that require probate,…
International elements add complexity to estate plans
Even as the pandemic rages on, the world has never been smaller than it is now. Technological developments and ease of travel have allowed many of us to make and…
Who to tell when you leave money to a charity
You don’t have to shout about your charitable giving from the rooftops to let your favourite non-profit know about an estate donation. Considering the number of hospital wings and university…
Marriage no longer revokes a will in Ontario
Marriage may no longer revoke a will, but it’s still a great time to revisit your estate plan. For a long time, Ontario has lagged behind much of the rest…
The family home in the estate plan
Fewer places are more important to a testator than the family home, but it doesn’t always get the attention it deserves in an estate plan. As typically the most valuable single…
Accounting for minor children in your will
The birth of a child means big changes for a parent’s life, and it also means big changes for their will. I always say that landmark life moments are a…
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