Author Archives: gg_admin

Cloud Based Storage using DropBox

DROPBOX ALLOWS REMOTE ACCESS TO ALL YOUR FILES DropBox is cloud based storage for your computer. With a DropBox account you can save your office files to DropBox and then access those files from home or anywhere else you might happen … Continue reading

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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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Estate Planning – Incorporating Your Business

INCORPORATING YOUR BUSINESS AS AN ESTATE PLAN There are several aspects of incorporating your business that can become important when estate planning is considered. The structure of your business incorporation and your plans for your shares after your death should … Continue reading

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Corporate Executor – When to Use One

IS A CORPORATE EXECUTOR RIGHT FOR YOU? When you prepare your Will you will need to select one or more executors to administer your estate . People will often select their spouse as their initial executor and their children as their alternate … 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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ODSP Eligibility and Assets

ASSET IMPACT ON ODSP 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 … 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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Assuming Rental Items in a House Purchase

RENTAL ITEMS AND A HOUSE PURCHASE In Ontario, it is not unusual to find rental items in a home that is being sold. Such items may include the hot water tank or an alarm system. It is also common for … Continue reading

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The Importance of Power of Attorney for Property …

WHY YOU NEED A POWER OF ATTORNEY FOR PROPERTY A Power of Attorney for Property appoints one or more people to act for you (they are called Attorneys, even though they may not be lawyers) in relation to your various … Continue reading

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