What happens when you fail to make a will? Ontario judges have limited discretion to decide who handles your estate when you do not bother to make your will. If there is no will, an intestacy is created. That’s when the government makes a will for you….
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Don’t miss Part 1 of this post, Are You Prepared? Discover Your Estate Planning Readiness with my Ontario Quiz Answer true or false. Q6. I can change my will by initialing the changes on the original. True or false? False. This misconception can lead to a court…
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Answer true or false. Q1. I need a lawyer to make a will. True or false? False. You can make your own will without a lawyer but it’s very risky. Do-it-yourself wills are frequently challenged in court. Your beneficiaries may later spend tens of thousands of dollars…
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Read Part 1 of Anna’s, a common law spouse, story here. Anna claimed she had paid $25,000 which was half of the purchase price of the condominium. She should have become an owner of 50% of the condo. That was what Jason owed her according to Anna….
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Anna arrived at our law office after the funeral of Jason, her common-law spouse. Anna and Jason lived together for nearly 7 years. Anna cared for Jason during his cancer treatments. She supported Jason and paid the condo fees and mortgage on their condominium. The condominium, however,…
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In one case, deceased’s children could not agree who was to sell the family’s home for two years. On the day we appeared before a judge to decide who would list the home for sale, the siblings changed whom they would support. A new arrangement was made…
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This week I received a call from a relative of someone who died. After expressing my condolences, I asked if there was a will. The answer was the person refused to discuss wills with loved ones. The conversation shifted to me asking, what did this person have…
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Find out with FP Answers here. Need answers? Call my office today or book a meeting. Estate law is all I do. Ed Olkovich
You need to sign power of attorney documents to be protected. Here are a few things to remember about powers of attorney (POAs): 5 Tips to Remember Want more information? Need help understanding powers of attorney? Contact me for a meeting. Take advantage before fees increase. I…
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Do you want the government managing your finances? You’ll need powers of attorney to protect yourself. You must designate, in writing, persons to act as your agent. In Ontario, there are two kinds of powers of attorney. Powers of attorney name substitute decision makers to handle a)…
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