Monthly Archives: April 2024

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 … Continue reading

Posted in Blog | Comments Off on Treatment of CPP Death Benefit by the Estate

Getting “Out” of a Real Estate Transaction

GETTING OUT OF A REAL ESTATE DEAL The decision to purchase or sell a home is not one that should be taken lightly. An Agreement of Purchase and Sale, the standard agreement entered into during a real estate transaction, is … Continue reading

Posted in Featured | Comments Off on Getting “Out” of a Real Estate Transaction

Investments Under Power of Attorney

ESTATE ADMINISTRATION – INVESTMENTS UNDER POWER OF ATTORNEY An Attorney acting under a Power of Attorney for Property is required to be careful with investments. If the Power of Attorney for Property of the incapacitated person gives specific authority to make certain types of investments, an attorney … Continue reading

Posted in Blog | Comments Off on Investments Under Power of Attorney

Options After the Death of a Spouse: Equalization

EQUALIZATION AFTER DEATH OF SPOUSE IS AN OPTION A Spouse has options to ensure that they receive appropriate financial support from the Estate of their deceased Spouse.  When a spouse dies, the surviving spouse does not necessarily have to accept whatever … Continue reading

Posted in Featured | Comments Off on Options After the Death of a Spouse: Equalization

Simple Probate Application Service and Fee

ARE YOU AN ESTATE TRUSTEE THAT NEEDS PROBATE? Gilmore and Gilmore offers a straight forward, and cost effective Probate Application service for Estate Trustees / Executors who are otherwise willing and able to administer the Estate they are charged with … Continue reading

Posted in Blog | Comments Off on Simple Probate Application Service and Fee

Probate Tax – How much does it cost?

PROBATE TAX – WHAT IS IT AND HOW MUCH DOES IT COST? What is Probate tax? It is a provincial tax imposed on the deceased’s estate under the control of an executor or administrator. How much will the probate tax be … Continue reading

Posted in Blog | Comments Off on Probate Tax – How much does it cost?