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THE IMPORTANCE OF WILLS
July 31, 2015

Many people do not like to plan their demise but a will is an important document which should be addressed. If you do not have a will, your family may need to apply to the courts to get your assets. Your assets may not be distributed in the way which...

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SUCCESSION PLANNING
July 31, 2015

The baby boomer generation is getting older and many are starting to thinking about retirement. Do you own your own business? Are you incorporated or unincorporated? Do you have a family member who will be taking over the business? If you do not have a family member, do you have...

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WHAT IS INVOLVED IN A WILL?
July 31, 2015

If you are a business owner, you should consider having two wills instead of one in order to minimize probate fees. A key decision, which needs to be made, is the executor and the trustee if a trust is created on your death. If you are leaving assets to a...

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PROBATE FEES
July 31, 2015

Effective January 1, 2015, the probate laws in Ontario changed. An executor who applies for a Certificated of Appointment of Estate Trustee (“Probate Certificate”) will be required to file an “Estate Information Return” within 90 days after the certificate is issued. Detailed Estate Information is required to be filed within...

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