About Us
Gilmore & Gilmore Professional Corporation established in 1986 is based in Alliston, Ontario, Canada. We are specialists in Wills, Powers of Attorney, Estate Law, Estate Litigation and offer extensive Estate Administration Services. Our Real Estate team handles a broad range of deals with a strong reputation for handling complex situations quickly and effectively.
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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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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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Appointment of Guardians of Children in Your Will
GUARDIANSHIP – WHAT ARE THE LIMITATIONS? Parents who have children under the age of majority will naturally want to provide for them in their Wills. In addition to arranging their inheritance, most parents will want to name a guardian for … Continue reading
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Forcing an Executor to Account
FORCING ACCOUNTS Executors of an estate are required to disclose the value of an estate and to document as well as explain the accounting of the estate to all beneficiaries. Beneficiaries of an estate often complain that they are not … Continue reading
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Incorporating Your Business: Liability Considerations
LIABILITY AND BUSINESS INCORPORATION There are many positive reasons to incorporate your business or professional practice. The main reason lawyers recommend clients consider incorporating is to limit personal liability with respect to the corporation’s actions. Unlike a sole proprietorship … Continue reading
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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 situations … Continue reading
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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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