For those acting under a power of attorney for property, one duty stands above all others: the fiduciary duty. Attorneys for property are granted extraordinary power under Ontario’s Substitute Decisions Act. In addition to the grantor’s home and its contents, a POA appointee is also handed control of their financial income and outgoings,
Can a notebook entry be considered a will? In Ontario, the answer is “yes,” as a recent decision demonstrates. But it’s not an example you should follow if you want to keep your own estate out of the courts after you’re gone. A close friend and neighbour of the deceased
If there’s one disruption sure to give small business owners nightmares, it’s the death of the proprietor. But it’s a prospect that they need to consider if they intend to properly serve their customers and the broader public. Advisor magazine recently reported on an email from the Ontario Securities Commission to chief
Beneficiary designations are a way for testators to make major changes to their estate with minimum effort. Although they’re often forgotten by testators, the beneficiary designations on things like RRSPs, RRIFs, life insurance policies and Tax-Free Savings Accounts, are a critical part of any estate plan. Outside of real estate, these
Anyone with a pet knows that they are much more than property. But as the recent case of Rocco Jr. shows, that’s not how the law views them. According to a Toronto Sun report on the saga, the American bull terrier had been living with the girlfriend of his deceased
Appointing multiple attorneys multiplies your risk of legal trouble. While it is possible for feuding siblings to come together in a family crisis such as a parent’s major health episode, I find that the care issue tends to become just another outlet for historic conflict as brothers and sisters double
Contact Us
Get in Touch
Reach Out
Ⓒ Laredo Law | Site by Kosmic
