Thinking about life after you’ve passed away is never easy. However, when you do pass, have you thought about your assets and estate and what the process will be like for your beneficiaries? Without a proper will and estate plan, the inheritance process for your…
Talking about money, wills, declining health and/or death is just plain difficult for most families. However, it’s probably one of the most important things you can do, and it can help alleviate a lot of worries and family strife. We’ve all heard of families who…
A family cottage passed down from previous generations is a very special thing. The memories, the history, the various transformations over the decades…it’s nice to keep it in the family whenever possible. However, transferring ownership of property isn’t like giving someone a nice watch or…
A new year and a brand-new decade is upon us; just think of the possibilities we have to look forward to! However, a new year usually means we take a bit of time to set personal, career or financial goals or resolutions, but there’s one,…
While it’s always advisable to update your will whenever there are major life changes that impact you or your family, it’s particularly essential when you get married, divorced, remarried or separated. In Ontario, there are strict laws around wills and asset distribution when it comes…
If you’ve decided to finally make that will or get your will revised, good job! It’s an important step to take to help protect your loved ones and your hard-earned assets. However, there’s one important step that needs a lot of serious consideration: appointing an…
What Happens to Your Children When You Die Without A Will? As parents, we don’t like to think about what would happen to our young adult or dependent children if we were to die unexpectedly. While it may feel like a scary scenario, it’s important…
The period after a loved one passes is naturally a trying time. Not only is it necessary to process the emotional loss and work through feelings of grief and sadness, there are often difficult tasks that must be looked after, such as planning the funeral…
I’m young and healthy – do I really need a will? It’s a common question when you’re in the prime of your life and focused on priorities like your career, raising a family or saving for your forever home or cottage in Muskoka; estate planning…
Do you have questions about estate planning and your will? You’re not alone. In fact, many Canadians are often unsure about what is involved in planning their estate and creating a legally binding Last Will and Testament. To help you gain a better understanding of…
Planning your estate or going through the process of dealing with the last will and testament of a loved one is no easy process. Unfortunately, technical or legal complications, misunderstandings and disagreements can and often do occur, making this already difficult process even more taxing…
Having a legal will in place is the easiest and most effective way to ensure that your property and possessions are distributed according to your wishes. However, a recent survey focusing on estate planning conducted by BMO shows that almost half of all Canadians do…
Watching a beautiful sunset while sitting on the dock, spending the days splashing in the lake, cooking up a storm, and creating family memories that will last a lifetime…all of these are immeasurable joys. The sentimental value of your Muskoka cottage, contrasted with the monetary…
You may be surprised to learn that when it comes to estate planning and wills, Canadians tend to procrastinate. In fact, according to a recent study, almost half of Canadians do not currently have a legal will in place! Although admittedly not the most cheerful…
