Monthly Archives: January 2023

Estate Planning for Farm Property

CAPITAL GAINS ARE HANDLED DIFFERENTLY WITH FARMLAND When an individual dies any farmland they own is treated differently than land containing that individual’s principle residence. On the death of a taxpayer, farmland can be transferred (sold) on a rollover basis … Continue reading

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ODSP Eligibility and Income

ODSP ELIGIBILITY AND INCOME The Ontario Disability Support Program provides eligible people with disabilities with income support to pay for living expenses such as food and housing. Eligibility for this program, as well as the amount of income support you … Continue reading

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A Family Meeting and Estate Planning

FAMILY MEETINGS AND SECURING YOUR LEGACY A Family Meeting can be an effective component of Estate Planning. If you have a complex Estate or you will be creating an imbalance in the division of your assets amongst your children, a … Continue reading

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Alternate Executors and Beneficiaries

ALTERNATE TRUSTEES AND BENEFICIARIES Many people who seek to have their Wills drafted are adults whose children have already reached the age of majority and moved away from home. In cases such as these, many people would question the need … Continue reading

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Legalese and Its Role in Your Will

LEGALESE IN YOUR WILL – WHY? You decide that you should have a will written to protect yourself and your assets upon your death. You decide what you want this important document to say and get lawyer to draft it. … Continue reading

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