Since most farmers are, on average, 56 years of age, many family farms are expected to transition within the next decade. Farm succession requires an approach that considers the tax implications, the farming operations and the family’s wishes. 14 Oct

The Time to Discuss The Future of The Family Farm is Now!

While Canada’s tax system doesn’t impose a traditional inheritance tax, estate taxes through capital gains, final income returns, and probate fees can still shrink inheritances dramatically. By leveraging these strategies, you can pass down more of your hard-earned wealth. 09 Oct

Tax-Smart Inheritance Strategies for Canadians

Few legal disputes are as personal and emotional as challenging a will. Whether you are considering contesting a will or defending against a challenge, you should know what to expect... 08 Oct

Contesting a Will in Ontario: How it Works & What to Expect

The McCain Foods succession dispute was a bitter, multi-year feud between brothers Harrison and Wallace McCain, co-founders of the french fry giant, that began in the early 1990s.  07 Oct

McCain Foods Succession Dispute: Brother vs Brother

A spousal trust can be very beneficial for your family’s financial future. But the execution of such a trust requires careful consideration and planning as trustees must balance the current needs of the surviving spouse with the future inheritance of the heirs. 06 Oct

Spousal Trusts: Selecting the Right Trustee

It is crucial for individuals to fully understand the significant implications and constraints of mutual wills before committing to them. 02 Oct

Mutual Wills: Know The Risks Before You Commit!

Estate disputes rarely arise from money alone. They are often triggered by conflicting instructions, unclear drafting, or overlooked provisions. The best protection is clarity, coordination, and regular review. 02 Oct

Ambiguous Wills: How Fragile an Estate Plan Can Become

One of the biggest estate planning mistakes you can make is failing to have Health and Financial Powers of Attorney. Protect your wishes. Select someone you trust implicitly to manage your affairs and make personal decisions on your behalf.  30 Sep

Why Powers of Attorney (POAs) are Crucial

BBB Scam Alert: Consumers across North America receive letters claiming they are owed an inheritance... Beware of quick riches, though, as that letter is a trap. 29 Sep

Beware of Quick Riches: Inheritance Scam Alert

Anyone with substantial assets and investments should talk to their children or heirs about their financial situation and seek advice to try and lessen their final tax bill... 26 Sep

Grieving Ontario Family Shocked By Parents’ Final Tax Bill

Relocating to a new province or country can have significant legal implications for your estate plan. This article explores when and why you may need to update your will after a move, along with key considerations for cross-jurisdictional estate planning. 26 Sep

Can Moving Affect the Validity & Effectiveness of Your Will?

Digital assets pose unique challenges for Ontario estate planning, particularly when they are stored or governed outside the province. Conflicting laws, restrictive terms of service, and international privacy regulations can complicate access and delay administration. 25 Sep

Digital Assets: Unique Challenges & Jurisdictional Conflicts