Rebecca Cynader, Associate, Farris, Vaughan, Wills & Murphy LLP What happens to your assets when you die? When will the Canada Revenue Agency come knocking? What kind of planning can you do in advance to help your executor and beneficiaries to get the most out of your estate? These are all questions you may be […]
Janice Loomer Margolis, Philanthropy Advisor, JLM Philanthropy Philanthropy is about supporting our communities and making them better – and from this we can get a huge sense of satisfaction. Philanthropy may have added benefits – and for families a key bonus is that philanthropy may be used as a tool to train children about the […]
Jessica Sullivan, Associate, DLA Piper During the process of creating a will, the will-maker is often advised to choose their executor carefully. However, in certain cases, the will-maker does not take the further step of informing the executor that they have been named prior to the will-maker’s death. While it may be an honour to […]
By Emma Ferguson and Jayde Jessome, articled student, Alexander Holburn Beaudin + Lang LLP Transferring assets into joint tenancy, often with adult children, is an estate planning tool that people hear about. While joint tenancies can be a useful in some situations, they should be used with caution. What is a joint tenancy? Owning an […]
Jeremy Wong, Estate Planning Lawyer, Westcoast Wills & Estates A well-drafted will is an essential tool in any estate plan regardless of whether you believe your life scenario is “simple” or complex. This is because a will helps to mitigate many avoidable complications that can arise at death. The following is just a summary of […]
