Lisa Laredo

About Lisa Laredo

Lisa Laredo is a Toronto-based wills & estates and real estate lawyer. At Laredo Law, we have the experience and expertise to create the legal structures that will serve you now and into the future.

Automatic revocation of wills not all bad for newly married spouses

The provincial government should think twice before ending the automatic revocation of wills on marriage.The Law Times reports that Attorney General Doug Downey is considering scrapping s. 16 of the Succession Law Reform Act, a provision that makes Ontario one of only a few jurisdictions in which marriage automatically revokes any will that either spouse [...]

By |2020-10-22T21:44:05+00:00October 22nd, 2020|

Money drives people crazy, but a will can take the edge off

In estates law, there is still not doubt why people say, “money is the root of all evil.”I’ve noticed that you never have to wait too long after the death of a celebrity to hear about the unseemly fight that has begun among their heirs.Household names as varied as John Lennon, Martin Luther King, James [...]

By |2020-10-15T22:56:07+00:00October 15th, 2020|

Cut paperwork before making virtual wills permanent

Virtual witnessing of wills has been a great innovation for the pandemic, but there is still room for improvement before making it permanent.Since April, emergency regulations prompted by the COVID crisis have allowed testators to have their wills witnessed remotely, without the need to meet in person with their lawyer (or anyone else for that [...]

By |2020-10-09T01:24:31+00:00October 9th, 2020|

Putting your pet in your will

Providing for a little kitty to go with your pet can help ensure your wishes are met when it comes to their care after your passing.Many families regard their pets as full members, and a growing number of wills reflect that fact.A report by the Globe and Mail features a Vancouver couple in their 30s [...]

By |2020-10-01T17:38:40+00:00October 1st, 2020|

Beware of double-ending realtors

Sellers and buyers should steer clear of “double-ended” real estate deals in which the same broker acts for both sides. The practice is banned in B.C., with many crediting that province’s legislative action to a 2017 CBC Marketplace investigation, in which undercover journalists posing as prospective buyers exposed a number of agents who were [...]

By |2020-09-25T13:22:31+00:00September 24th, 2020|

Build a cottage estate plan to stop family feuds

Testators need to take the initiative to stop a feud developing over the future of the family cottage.As one of the more valuable assets in any estate, there’s always a chance the fate of the cottage could ignite a dispute among beneficiaries.But it’s the extra layer of emotional baggage that comes with a lifetime of [...]

By |2020-09-24T21:52:16+00:00September 17th, 2020|

What to think about when buying a cottage

Purchasing a cottage may seem like a bargain compared with a home in the city, but buyers still need to do their due diligence.According to a story in the Globe and Mail, many millennials priced out of the Toronto market are taking their first steps on the property ladder in cottage country, preferring to rent [...]

By |2020-09-10T22:56:03+00:00September 10th, 2020|

Henson Trusts help testators support beneficiaries with disabilities

Testators who wish to support loved ones with disabilities after they’re gone should consider a Henson Trust. Income from this special type of testamentary trust – originally devised for the protection of bequests made to children with special needs – is exempt from the strict $40,000 asset limit for recipients of benefits Ontario Disability Support [...]

By |2020-09-03T21:07:47+00:00September 3rd, 2020|

Do resale due diligence to avoid nasty utility bill surprises

A recent CTV News story reported on the stunned buyer, who received a demand for $38,000 outstanding on the old owner’s tab, four months after completing a deal to buy the property.“I nearly passed out," he told the network. But the whole saga could have been avoided had his lawyer ordered a utility certificate to [...]

By |2020-08-20T23:58:04+00:00August 20th, 2020|

When can I challenge a will?

Will challenges are not as easy as they look. U.K. news outlet The Independent reported on a study by a life insurance provider that found one in every five Britons, or more than 12 million people, would challenge a family member’s will if they were unhappy with their inheritance. The company’s analysis of local [...]

By |2020-08-13T21:07:38+00:00August 13th, 2020|
Go to Top