Making a will is crucial to preserving your legacy and protecting your loved ones after you pass away. However, some mistakes people make with their wills can ultimately cause more problems than they solve. Don't have multiple versions Having multiple copies of a...
Estates, Wills, And Trusts
2022 can be the year you define your legacy
As we enter 2022, you may take the time to reflect on the past and plan for the future. This could mean thinking about your legacy and taking care of what is most important to you. Thus, if you haven't done so already, creating an estate plan can be a step worth...
Divorce and Estate Planning: What You Need to Know
There’s just no way around it– separation and divorce are difficult, stressful, and complicated. When you finally get the fresh start that you are looking for after separating from a long-term partner, the last thing you wish to be thinking about is death. And yet, in...
What is A Power of Attorney and Why do I Need One?
Drafting a Final Will and Testament is generally accepted as being an important task in one’s life. We all consider what our wishes are for after we die– but what about while we are still living? There are two types of Powers of Attorney: general and continuing. A...
To DIY or Not to DIY: Why you should hire a professional to draft your will
We’ve all seen countless do-it-yourself projects on platforms like Youtube, Pinterest and Tik Tok; from home renovation to cooking, wedding decor, “life hacks”, construction projects, and everything in between, the internet has us all believing that we can do just...
Is it time to update your estate plan?
Every adult in Ontario should have an estate plan in place. Though it may be uncomfortable to make decisions regarding incapacity and end-of-life care before you need to, the fact is that doing so can give you and the people you love peace of mind.However, to ensure...
4 mistakes to avoid as the trustee of an estate
Serving as trustee for the estate of someone who has passed away is a major responsibility. Missteps and errors by a trustee can result in conflicts, delays and financial damages, all of which can disrupt familial relationships and result in long-term consequences.As...
The probate process and multiple wills
When someone passes away and you are the designated estate trustee, you will likely need to access the deceased's funds and accounts in order to settle the estate. In order to do this, it may be necessary to have the will probated. The probate process involves levying...
Why would someone draft two wills?
Like many legal queries, the answer to this question is not black and white. However, the most common reason for individuals create a primary will, and then a secondary will, is to avoid paying unnecessary probate fees. The other most common scenario is that secondary...
6 reasons why we need to get over our fear of death and make a will
Whether we like it or not, death doesn't wait for us to have our ducks in a row to visit us - #amiright? A recent survey indicated that "48% of survey respondents don't yet have wills. For those aged 35-54, that figure jumps to 55%." These numbers aren't shocking when...
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