blog

Addressing Equity in Estate Taxes and Property Distribution (Issues & Solutions)

Estate planning ensures your estate assets are distributed according to your wishes. However, in Canada, several issues and disputes arise regarding estate taxes and property distribution, which leads to challenges for heirs and beneficiaries. You surely want fairness in your estate taxes and property distribution. So, it’s important to narrow down the common issues to […]

Addressing Equity in Estate Taxes and Property Distribution (Issues & Solutions) Read More »

How Can You Ensure Fair Inheritance in Blended Family Wills?

Unique and frequently challenging complications arise regarding inheritance in blended families. Stepchildren, half-siblings, and new spouses are changing family structures, so inheritance norms must adapt.  Most recent data from 2016 indicates around 518,000 stepfamilies with children in Canada. This accounts for approximately 12.6% of the families in the country. Such situations require fair asset distribution

How Can You Ensure Fair Inheritance in Blended Family Wills? Read More »

estate attorney near me

Five Overlooked Provisions for a Last Will and Testament

A Last Will and Testament (LWT) is a cornerstone of estate planning, which outlines estate administration and the designation of beneficiaries after passing. However, several important decisions and provisions are often overlooked. These omissions can lead to unintended consequences, delays in the probate process, and even legal challenges in real estate transactions. In a survey,

Five Overlooked Provisions for a Last Will and Testament Read More »

How to Legally Modify or Revoke Your Will (Circumstances That Demand Revisions)

Updating your will ensures that your family receives your estate assets as intended. Failure to update your legal will might result in beneficiary disputes, asset allocation against your preferences, or unintentional exclusion of loved ones. Understanding how to legally change or revoke your will is essential to its legality and efficacy. This includes understanding when

How to Legally Modify or Revoke Your Will (Circumstances That Demand Revisions) Read More »

How to Support Charities Through Your Estate Plan

As part of estate planning, people must ensure a smooth transfer of assets to beneficiaries. Between these discussions, charitable giving is an often-overlooked way to leave a legacy of compassion and kindness.  People may honour their principles and make a difference by including a charity in estate plans. This expert discussion will explain the process

How to Support Charities Through Your Estate Plan Read More »

What Is A Trust In Estate Planning?

Trust is a powerful yet often overlooked tool in managing estates. Like corporations, trust is an artificial entity formed by legal documents. It consists of four essential components: a trustee, trust property, a trust document, and identifiable beneficiaries.  The trust document outlines operational rules, trustee powers, beneficiary entitlements, and property distribution instructions.  While trusts offer

What Is A Trust In Estate Planning? Read More »

The Fundamentals of a Last Will: Key Inclusions for This Important Document

Wills allow people to distribute assets according to their preferences, ensuring their loved ones are cared for. Without it, the jurisdiction’s intestacy laws may not match the individual’s wishes for asset distribution. An individual’s last will allows them to express their desires for wealth distribution and dependent care after death. The testator’s preferences and instructions

The Fundamentals of a Last Will: Key Inclusions for This Important Document Read More »

Estates Lawyer Discusses Strategies for Addressing Inheritance Challenges

Estate disputes are common and span across different cultures and societies. There has been a notable surge in court cases surrounding wills, with a 34% rise in the last five years and an astonishing 140% increase over the past decade. From exploring alternative estates dispute resolution methods to understanding the benefits of litigation, this article

Estates Lawyer Discusses Strategies for Addressing Inheritance Challenges Read More »

Exploring the Duties of a Wills Variation Lawyer

Wills are legal documents outlining how a deceased willmaker wishes his or her assets to be distributed after passing. However, there are financial circumstances where the provisions stipulated in the will may not adequately reflect the needs of certain individuals, which leads to the possibility of contesting the will through a process called “Will variation.”

Exploring the Duties of a Wills Variation Lawyer Read More »