January 20, 2017

Will Distribution Age

If you do not specify the age(s) at which your children are to receive an inheritance from you, they… [more]

Will Distribution Age Will Distribution Age

Options After the Death of a Spouse: Equalization

A Spouse has options to ensure that they receive appropriate financial support from the Estate of their… [more]

Options After the Death of a Spouse: Equalization Options After the Death of a Spouse: Equalization

Estate Planning for Farm Property

CAPITAL GAINS ARE HANDLED DIFFERENTLY WITH FARMLAND When an individual dies any farmland they own is… [more]

Estate Planning for Farm Property Estate Planning for Farm Property

Are Joint Accounts part of an Estate?

It is not uncommon for parents to make their bank accounts joint with one or more of their children.… [more]

Are Joint Accounts part of an Estate? Are Joint Accounts part of an Estate?

Blog Submissions

Automatic Revocation of Wills

AUTOMATIC REVOCATION OF WILLS IS MANDATED BY LAW IN ONTARIO There are situations where a validly drawn will can be automatically revoked with no express intention on the part of the owner of the Will. The two most common … [Read More...]

Estate Accounts need to be kept in a specific format

FORMATTING ESTATE ACCOUNTS Executors of estates are required to keep detailed accounting records. These records include: • Original assets of the estate; • All capital and revenue received by the estate; • All capital … [Read More...]

Treatment of CPP Death Benefit by the Estate

CPP DEATH BENEFIT AND HOW THE ESTATE NEEDS TO HANDLE IT If you have contributed to the Canada Pension Plan (“CPP”), you will be entitled to a CPP death on your death. The amount of the death benefit will depend on the number … [Read More...]

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