Monthly Archives: March 2023

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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Ontario Disability Support Program and Inheritance

ODSP AND INHERITANCE How will an inheritance impact your income support from ODSP? Any money, property or possessions that you receive can affect your eligibility for, or the amount of money you receive from, Ontario Disability Support Program. This includes … Continue reading

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Estate Planning and Separation

SEPARATION AND THE IMPACT ON ESTATE PLANNING It is important to review your estate planning upon separation from your spouse. Separation by itself will not have an effect on your Will or the distribution of your estate. Some of the … Continue reading

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Bequeathing a Farm in Your Will

BEQUEATHING A FARM IN YOUR WILL The transfer of farmland, by sale, gift or other form of transfer, is generally subject to HST unless it falls into one of the exemptions found in Schedule V of the Excise Tax Act. … Continue reading

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