Transfers of property into joint ownership are common will substitutes. However, these transfers can cause estate disputes. Joint ownership questions are frequent issues in estate lawsuits. If you are involved in a transfer into joint ownership, you should know what can go wrong. You could become involved…
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Joint ownership, even with family, can create legal problems. Here are five dangers that you must be aware of. Review this list before you consider holding property in joint ownership with anyone, including your children. 1. DisasterJoint owners can refuse to cooperate when you need to deal…
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Recent court decisions have made it clear that certain claims against estates are restricted to two-year limitation periods. This means that you may only have two years from the date of a person’s death to raise legal claims. If legal claims are filed late, they can be…
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What happens if you don’t make your will? Don’t worry – the government makes your will for you. The government makes your last will when you die without a will (intestate). Intestate means government laws control all your stuff. That takes away your freedom. The government rules…
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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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It keeps happening again and again. Monica came into my office because she was in an estate dispute. She asked what she thought was a simple question, “Why bother making a will if wills are not valid?” My answer was simple. “You must ensure your will is…
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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
Here’s a secret that even some lawyers don’t know. Read this now to avoid being dragged into an estate lawsuit after someone you love has died. Assume your 87-year-old mother wants to give you her home. You say, “Great!” But what about Carlos (your brother)? What will…
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Let’s start with the positives. Good estate planning can make it possible for you to inherit millions of dollars. The best estate plans need professional advice and experts to avoid mistakes. Bad estate planning mistakes can start money wars. And money wars in an estate can cost…
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Estate disputes are emotional. They can also be expensive. Before you go too far, ask your lawyer to explain the legal theory that applies to your case. You need to know answers to these questions: What is the theory of law involved in my estate dispute? What…
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