You may not think of lawyers, except perhaps in a negative way, until you need one. Then you have no clue what lawyers do or what to expect. You are not sure of your role as client, or what part you should play in the legal…
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Key 2: Avoid Falling Into Major Tax Traps Do you know the biggest tax mistake you can make? Neither did Karl, a 72-year-old mechanic who was set to undergo open-heart surgery. Karl told his lawyer to register his children as joint owners on the title to his…
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Here are some tips if you are an executor. Minor squabbles can take hours of your time away from your office. Court battles can add years to estate work as executor. If you are a professional, this can actually take money from your pocket. You should be…
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“Compensation for your time and trouble” is what the law calls your fee as estate executor. You can probably figure your time is productively worth $150 or $200 an hour back in the office. You need that to cover your overhead. Well, you won’t get paid by…
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Do you play any sports? Maybe golf, tennis, or soccer? Each sport is played with a different set of rules. Unless you understand the rules, you cannot win. Similarly, you must understand the rules for protecting your money and family. Unless you understand the fundamentals, you will…
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Test yourself – select True or False for each question. Then read the answers below. 1. I need a lawyer to make a will. True □ False □ 2. Common-law spouses automatically inherit their partner’s estate in Ontario. True □ False □ 3. I own everything jointly…
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Albert was the executor of his uncle’s small estate. He paid the beneficiaries what he roughly calculated they should receive. But he did not hold back enough to pay all the estate debts. Now he was in trouble and looking for legal help. What should you or…
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I am going to talk to you about money. Money is what people fight over. Sure they may use other excuses, but what everything boils down to is money or what it represents. My perspective, as a lawyer, is different. I do estate planning but also help…
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Being an estate executor is stressful. Many people feel overwhelmed when suddenly they must take charge of an estate. You can easily make mistakes before you understand what’s involved. But now I can show you a new, stress-free way to succeed as an executor. Of course, you…
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I call it Executor’s Disease™. It infects your money. I see the infection every day in my law office. It affects people in all income brackets. Your money may already be contaminated. I will tell you what this disease does. I will share with you my insider…
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