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Category: Estate Beneficiary Advice

Are there estate inheritance rights?

November 14th, 2018 in Estate Beneficiary Advice

People who believe they have been named in a will yet are still waiting to hear any news about the estate after a couple years may be wondering what they can do. When it comes to estate beneficiary advice in…

Keeping Assets from Kids’ Ex-spouses

August 10th, 2018 in Estate Beneficiary Advice

Parents who have accumulated a sizable amount of wealth over their lives will likely want to pass their assets on to their children when they pass away. But when an adult child’s marriage goes sideways and ends in divorce, those…

The Residue Of The Estate

May 16th, 2018 in Estate Beneficiary Advice

A testator may direct specific gifts, known as bequests, to certain surviving friends and family, and then leave the remainder of his or her estate to a surviving spouse or child. This remainder, known as the “residue”, typically includes items…

What Is The Probate Process?

May 8th, 2018 in Estate Beneficiary Advice

When a loved one passes away, surviving family members and friends may not know what the immediate next steps are to start administering the deceased’s will. The first step is to validate the will with the courts. This is known…

The Executor Role is Not Easy

March 13th, 2018 in Estate Beneficiary Advice

There are instances when an executor of a will is also a beneficiary of the will. The duties of an executor in Ontario aren’t for the faint of heart. There are many things associated with the task and having some estate beneficiary…

Ontario Estate Beneficiary Advice

February 8th, 2018 in Estate Beneficiary Advice

People who spend hours fashioning comprehensive estate plans likely want to make sure that the person or persons to whomever they leave their financial assets use them well. How to make the best use of inheritance funds in Ontario is one…

Estate beneficiary advice can help

May 16th, 2017 in Estate Beneficiary Advice

When making a will, some Ontario people want to have full control over what happens to their assets after they die — even unreasonable control in some cases. Not all restrictions or conditions will be allowed by a probate court….

Challenging a will? Seek advice

March 22nd, 2017 in Estate Beneficiary Advice

When someone close has passed, it can be a deeply emotional time no matter what one’s feelings truly were for that person. Should one then be left out of the will, receive a disappointing bequest or be displeased with the…

Essentials of a Canadian Estate Plan?

January 20th, 2017 in Estate Beneficiary Advice

Even without estate tax, there is a need for estate planning in Canada. For starters, there is a deemed disposition tax that is applied to the estate. Canada law requires that any investments be deemed as sold upon an individual’s…