Wills & Estates Blog

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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 relationships or not, more and more people are having their genetic material – including sperm, eggs and embryos – frozen

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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 and Tax-Free Savings Accounts, are a critical part of any estate plan.  First of all, naming someone to receive the

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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 $1 trillion is expected to be left behind by Canadians Boomers between 2016 and 2026 – more than a third

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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, and one for assets that don’t. That way, when the testator dies, the assets in the primary will are submitted

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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 retain lifelong connections to locations all over the globe, whether or not we have family roots there.  As a result,

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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 buildings you see named after long deceased benefactors, you might be surprised to know that only around 10 per cent

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