“…Time is money…” Do you own an Ontario business? You may be familiar with Ben Franklin’s quote that time is money. You may not, however, know that, almost overnight, your business can lose its value. This can happen when a sole proprietor, partner or shareholder dies. Legal…
Read full article
A little while ago, Carol came into my law office. She placed a new leather portfolio on the boardroom table. She told me she had just come from a relative’s funeral. “I am executor of my brother’s estate, but I don’t know what to do,” Carol said….
Read full article
Could this be you? Everything in your life is going along smoothly. Then, suddenly, it happens; things change. It could be a catastrophic illness, accident or age-related injury. Don’t assume your family, including your spouse or adult child, can automatically act as your substitute decision maker. Even…
Read full article
What does it cost to replace an estate executor? The costs are horrendous. Make sure you name a backup executor in your will. To remove an executor, you require a court order. Courts must agree there are grounds for removal. Hopefully you will name an alternative executor…
Read full article
Courts must remove estate executors by court order. A decision in 2024 by Justice B.A. MacFarlane (Deziel v. Deziel, 2024 ONSC 5279) outlined these principles for successful removal. [80] The Ontario Court of Appeal in the case of Chambers Estate v. Chambers confirmed that “the court should…
Read full article
416 769 - 9800