Parents Beware – Joint Ownership with Adult Child

Parents Beware – Joint Ownership with Adult Child

One of the most common estate planning techniques is adding a child as a joint owner on a bank account, investment or real estate property. Although it sounds like a simple and effective technique, it can actually cause more problems than it makes out to solve and can...
Dependant’s Support Claims – A Guide

Dependant’s Support Claims – A Guide

The law in Ontario acknowledges that there is a moral obligation for the needs of dependants, including children, parents and spouse to be given adequate support from one’s estate. Ontario law has acknowledged that certain relationships trump a testator’s freedom to...
Why you need a Will – Simple Steps to Getting Started

Why you need a Will – Simple Steps to Getting Started

Every adult should have a will; however, many Canadians don’t. According to an Angus Reid Institute Survey from January 2018, 51% of Canadians had no last will or testament, while 35% of Canadians have one that wasn’t up to date. In Canada, if someone dies without a...
Disinherited? What are your options?

Disinherited? What are your options?

The mere fact that you were left out or treated unequally in a Will may not be enough to contest or challenge it. The law in Ontario stands for testamentary freedom – meaning the freedom of testators to distribute their estates as they wish provided that their...