While contemplating the possibility of incapacity can be uncomfortable, preparing for it with Powers of Attorney and Living Wills is a crucial aspect of responsible planning. By taking these steps, you can ensure your wishes are respected during challenging times. 11 Mar

Planning for Incapacity: Powers of Attorney & Living Wills

Sometimes, an estate’s debts and liabilities are greater than its assets. In Canada, an insolvent estate can only be assigned into bankruptcy with the court's permission. This is specifically outlined in Section 49(1) of the Bankruptcy and Insolvency Act (BIA). 10 Mar

Assigning an Involvent Estate into Bankruptcy: Canada

March is Fraud Prevention Month and with reported cases of fraud rising, seniors are encouraged to increase their awareness of current scams and learn how they can protect themselves. 10 Mar

Cyber Scams: Fraud Prevention Resources for Canadian Seniors

While precise global statistics on inheritance disputes are limited, studies and reports from various regions indicate a noticeable rise in inheritance disputes worldwide, often attributed to factors like complex family structures, increased wealth, and more people opting for DIY wills without legal guidance.  03 Mar

Noticeable Rise in Inheritance Disputes Worldwide

Did you know that in 2022 the Bank of Canada (BoC) and a few large provinces had unclaimed bank accounts and estates totaling $1.8 billion dollars? That number keeps growing, despite the government’s best efforts to find the owners. 02 Mar

Hidden Wealth: Unclaimed Assets & Accounts in Canada

As individuals approach the end of life, families often find themselves at the heart of crucial care decisions. It is essential for families to communicate openly, ensuring that all members feel supported and included in the decision-making process. 26 Feb

Understanding The Role of Family in End-Of-Life Care Decisions

Whether you’re an executor tasked with administering a loved one’s estate or a family member seeking to understand what lies ahead, this comprehensive guide will walk you through every step... 25 Feb

Complete Guide to Estate Settlement in Canada

Inheriting a Registered Pension Plan can offer significant financial support, but it also comes with complexities and potential tax challenges. This post explores how RPPs are handled after death and provides strategies for navigating the process. 24 Feb

Inheriting a Registered Pension Plan: What You Need to Know

Even the most well-meaning executors may encounter unforeseen difficulties during the estate administration process. Errors in estate administration can make an otherwise simple procedure more difficult. Learn more about these common mistakes and how to avoid them... 24 Feb

Estate Administration in Ontario: Avoiding Common Mistakes

Whether you are a nursing home resident, a family member, or a supportive friend, this guide gives you the tools you need to identify and then resolve the problems that residents most frequently face. 24 Feb

25 Common Nursing Home Problems and How to Resolve Them

Estate Planning in Canada is an essential step that helps you manage your assets as you wish while minimising tax difficulties for the beneficiaries. Although there are no inheritance taxes, addressing key tax considerations helps protect your legacy and care for your loved ones. 22 Feb

Proactive Steps to Minimise Your Estate’s Tax Burden

Finding the right will making software for your family situation can streamline the process and allow you to have everything in order for your heirs. These sites can help you create an affordable will online... 20 Feb

How to Create an Affordable Will Online: United States