While a trust can be an effective way to manage and transfer ownership of the family cottage, it requires careful planning to get it right. 19 Sep

Trust Planning for The Family Cottage: Key Considerations

The decision of how to divide inherited property between siblings can be a complex one. In this article, Keystone explores how to divide inherited property between siblings fairly, and common disputes and solutions when inheriting a house with siblings. 12 Sep

Inheriting a House with Siblings: Not as Straightforward as it Seems

Not all couples want to be married, but there are some legal benefits that come with a government-recognized union. Unmarried couples should consider the following 9 Estate Planning tips... 11 Jul

Estate Planning Tips for Unmarried Couples: United States

This case underscores that when emotional ties to family cottages are not managed by clear legal drafting, even well-intentioned estate plans can result in litigation. 16 Jun

Ontario Court Ruling: Sibling Dispute Over The Family Cottage

This case is a testament to how even well-intentioned actions, when shrouded in ambiguity, can ignite protracted legal battles, leaving emotional scars and financial burdens on grieving families. 06 Jun

A Family Divided: Vancouver Condo at Centre of Estate Dispute

28 May

Court Rules in Favour of Common-Law Spouse: Intestate Case

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”

The Pitfalls of Joint Ownership: Know the Risks 22 May

The Pitfalls of Joint Ownership: Know the Risks

Holding Assets & Accounts Jointly with Your Kids: Know the Risks 24 Feb

Holding Assets & Accounts Jointly with Your Kids: Know the Risks

Canadian Estate Law: The Presumption of Resulting Trust 04 Feb

Canadian Estate Law: The Presumption of Resulting Trust

An inter vivos transfer of property is the transfer of ownership of an asset from one living person to another during their lifetime, without the need for a will. 07 Jan

Inter Vivos Transfer of Property: Key Characteristics & Criteria

Using Joint Accounts & Gifts to Avoid Estate Tax: Tread Carefully! The gifts and estate tax is a tax on any unilateral transfer from one person to another. Joint ownership does not eliminate taxes. 26 Dec

Using Joint Accounts & Gifts to Avoid Estate Tax: Tread Carefully!