Take care when selecting an executor
Administering an estate is no cakewalk, so make sure your choice for executor knows what they’re getting themselves into ahead of time. There is no doubt that the responsibility associated with…
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…
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…
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.
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…
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…
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…
Blended families add complexity to estate planning
Relationship dynamics in even the most conventional of nuclear families can make estate planning tricky, but blended families take the complexity to another level.
Don’t forget your digital assets when drafting a will
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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…