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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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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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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Do you suffer from estate planning-itis? You may never know it. Has it infected you? It may or may not be contagious but can spread to your partner or spouse. Let me explain that a cure exists. Estate planning-itis is basically a fear of doing any estate…
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What are the costliest money mistakes you can make? Forget about what happens to your money when the real estate and stock markets collapse. The biggest blunder is not having an estate plan. Why is that? Everything you worked for during your entire life can be wiped…
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Read Part 1 of this post here. Your attorney is a person you name in a power of attorney document as your substitute decision maker for property. Your attorney is not a lawyer. The term attorney refers to the person who is your agent. You are the…
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Dying Without a Proper Will It turns people’s stomachs when I explain the costs and work that is needed when loved ones suffer from bad wills. Or, worse yet, when there is no will at all. This is mind-boggling to me. People spend money on their cell…
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Let’s look at the steps you need to take for your action plan. You can read my first part of this series here. You need to cover the unexpected and inevitable surprises that life throws your way. I have identified these steps everyone must take to protect…
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Would you like to make sure your loved ones are protected? What would it be worth to you if, no matter what happens, you had a detailed plan of action ready? Well, I will share this information with you here, at no cost. You can use this…
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You’ve heard that artist Prince died without a will leaving his loved ones to inherit his estate problems. Yes, he is the Prince famous with hits like Purple Rain who died April 2016. He left an estate that’s still open. His loved ones have spent millions in…
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