Category: Estates

Common-law Spouses – New Dangers Discovered

Canada’s Supreme Court has issued a wake-up call for common-law spouses. The law has changed based on decisions released February 2011. If you are a common-law spouse, you may not realize it but you have no legislative rights to inherit property in Ontario. In Kerr v. Baranow,…
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Why Pity the Estate Executor?

Can you imagine you’re suddenly an executor? Like most executors, you don’t have any experience handling an estate. Your new workload feels like you’ve just have taken on another full-time job. Estate Disputes Can Be Horrible You can now find out now that you’re going to be…
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Divorce and Estate Planning: How does it work?

Find out this-coming Sunday. Tune in to Zoomer Radio AM740 on Sunday, February 27, 2011, 9 a.m. – 10 a.m. EST and join Ed as he discusses the most pressing estate planning issues in divorce, second marriages and mixed families, on Right On the Money, with Wayne…
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Some Surprising Statistics

Wondering why you haven’t carried out your estate planning resolutions yet? According to one survey of 831 lawyers in the U.S., you may not be alone. WealthCounsel, a nationwide organization of estate planning attorneys, in its January 2011 (Trusts & Estates) magazine summarized the key finding that…
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Estate Planning: The Good, the Bad, and the Ugly

What’s the difference between a good, bad, or ugly estate plan? Your answer may differ if you are the person creating the disastrous estate plan or a victim of poor planning. If you are a victim of bad estate planning, you have a different perspective. You could…
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How Estate Executors Hire Lawyers

This is one of the first decisions you get to make as an executor. Choose wisely – changing lawyers is time-consuming and expensive. After you do your preliminary research, interview prospective candidates. Look for referrals and search law firm websites. Note: Some estate problems will call for…
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Are You An Executor Looking for Help?

Most people do not know what executors are expected to do. Making the wrong decision can cause stress and get you into trouble. If you are a new executor of an estate, I know you are feeling overwhelmed. What should you do first? You have to protect…
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