24 Jun

Ontario Law: What is an Absolute Discretionary or a “Henson Trust”?

While both succession planning and estate planning involve planning for the future, they are distinct processes with different objectives. Succession planning is about the future of the business, while estate planning is about the future of the individual and their assets. 23 Jun

Preparing for the Future: Succession vs Estate Planning

Using the correct terms is critical in wills, trusts, and other legal documents because these words have significant implications. The wrong word can lead the probate Court to incorrectly interpret your documents and therefore cause an unintended result. 20 Jun

Commonly Confused Legal Terms for Describing Your Loved Ones

It's important to carefully consider who you appoint as your digital executor and to provide them with the necessary information to carry out their responsibilities. You may also want to provide instructions on how to handle your digital assets, such as which accounts should be closed, which information should be shared, and how digital property should be distributed.  05 Jun

Estate Planning Designations: What is a “Digital Executor”?

In estate planning, the "right of survivorship" refers to a legal principle that, in joint ownership arrangements, the surviving owner(s) automatically inherit the deceased owner's share of the property or asset without it going through the probate process. This is a key feature of joint tenancy, which allows for a smoother and faster transfer of ownership upon death.  27 May

Definitions: Understanding the “Right of Survivorship”

Fiduciary Duty: Definition & Different Types Explained 25 May

Fiduciary Duty: Definition & Different Types Explained

Understanding Undue Influence: Estate Law Canada 23 May

Understanding Undue Influence: Estate Law, Canada

Frequently Asked Questions: What is "Right of Survivorship"? 22 May

Frequently Asked Questions: What is “Right of Survivorship”?

Post-mortem estate planning refers to legal and tax strategies that can be implemented after a person’s death, aimed at minimizing total tax obligations, avoiding double or even triple taxation, and ensuring a smooth, effective transfer of wealth to beneficiaries. 21 May

Post-mortem Estate Planning: Legal & Tax Strategies

An estate freeze is a strategy used to lock in the current value of an individual’s estate for preserving wealth, minimizing tax consequences, lowering probate fees, and ensuring the smooth transfer of assets to the next generation. 13 Apr

What Is An Estate Freeze & How Does This Strategy Work?

If you’re like many Canadians, you know you should create an estate plan, but may keep putting it off. This primer will introduce you to terms you should understand so you can prepare for the creation of your estate plan confidently. 03 Apr

Understanding Will and Estate Planning Terms

Frequently Asked Questions: Role & Responsibilities of The Executor 02 Apr

How Much Time & Effort is Involved in Serving as an Estate Executor?