Category Archives: Featured

Trusts and Their Use in Estate Planning

TRUSTS AND THEIR USE IN ESTATE PLANNING Trusts are similar in function to a gift left to someone in a Will, except that Trusts can be set up either within a Will or while the “settlor” (the person creating the … Continue reading

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Selling and Buying a House on the same day

TO AVOID CLOSING DELAYS, CONSIDER BRIDGE FINANCING It is common for people who are selling a house and buying a replacement home to have both deals close on the same day. This can sometimes result in closing delays. Your sale … Continue reading

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Lost Will?

ALL IS NOT LOST WHEN AN ORIGINAL WILL IS LOST Executors and the beneficiaries of an estate may panic when they discover the deceased’s original Will has been lost or destroyed or they just cannot find it. The courts may … Continue reading

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Oustanding Claims Against an Estate

OUTSTANDING CLAIMS AGAINST AN ESTATE If you are acting as an Estate Trustee, you may have to deal with a person who decides they want to make a claim against the estate for money they believed the deceased person owed … Continue reading

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Planned Charitable Giving can be a key Estate Planning Tool

CHARITABLE GIVING Planned or charitable giving is a unique opportunity to “have your cake and eat it too”. A gift to a charitable organization can help you take full advantage of incentives offered by governments as it relates to estate … Continue reading

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Regulations for Residential Fuel Oil Tanks

HOME OIL TANK REGULATIONS YOU NEED TO KNOW New requirements for the installation and inspection of fuel oil tanks (above and below ground) were introduced by the Technical Standards and Safety Authority (TSSA) in October 2001 to reduce the number … Continue reading

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Estate Litigation and Limitation Periods

ESTATE LITIGATION AND LIMITATION PERIODS In Ontario, there is a general two-year limitation period in which a person can bring a claim in court on a civil matter. Whether or not this limitation period applies to estate matters can be … Continue reading

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Basecamp for Law Firm Project Collaboration

BASECAMP PROJECT MANAGEMENT BRILLIANCE Basecamp is a web-based project management tool that was created in 2004 by 37 Signals. Utilizing Basecamp in a legal setting offers many unique opportunities. The one that really excites us at Gilmore and Gilmore is … Continue reading

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Accessing Bank Accounts of the Deceased

BANK OF CANADA – DORMANT ACCOUNTS If a bank account is not used for a prescribed period of time, the dormant account is transferred to the Bank of Canada. If you want to determine whether or not there are dormant … Continue reading

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Formal Execution of a Will

FORMAL EXECUTION OF A WILL There are specific requirements in Ontario, set out in legislation called the Succession Law Reform Act (SLRA), that govern how a Will is to be executed in order to make it valid. These requirements are … Continue reading

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