Learn how having a formal will and doing a little advance estate planning can play a vital role in protecting your family in the event of an unexpected tragedy. From child custody related issues to property and asset distribution – a legally binding will eliminates conflict and simplifies things in an already difficult situation.
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Supporting Your Dependents in your Estate
Dependent Support with a Will in Place - If you have a will in place and you are supporting your spouse and dependent children at the time of your death, support probably continues for them.
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Everything You Need to Know about Estates & Trusts
If you own property, proper estate planning is important. Estate planning involves the transfer of assets including property and wealth to individuals or institutions before or after death. Some of the common tools used in estate planning include Wills, Trusts, Power of Attorney and more.
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Wills & Estate Law - Creating a Living Will
A living will, also known as an advance directive, is simply a document that lets people state their wishes for physical care in case they become permanently ill, unconscious, or require emergency medical attention. You can include your “living will” or “advance directive” as part of your Power of Attorney for Personal Care.
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Ontario Wills & Estate Law
In Wills and Estate planning, the transfer of assets and gifts often becomes an area of dispute. A common estate planning technique is to transfer assets into joint ownership. While the intention of such transfers may be to avoid probate fees, the transferor must also consider some legal consequences to avoid unintended results at a later stage.
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Creating a Will - Wills and Estate Law
Recent studies confirm that as many as 50% of Canadians don’t have a will. Writing a Will is a task that very few are willing to consider. At the same time, we should remember that life can be unpredictable and anything can happen to anyone, anytime.
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How to Write Your Will
Without a will, it is up to the province to divide your assets, which may run contrary to your own personal wishes.
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Challenging a Will in Ontario
After the death of a loved one, there are many practical and legal matters that must be attended to during the period of grief.
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