Here is your daily LawFact from Wise Law for Thursday June 29, 2017. Today we are talking about Wills and Estates. A Last Will must provide adequately for dependents who relied on the testator for financial support. Eligible dependents include a child, parent, spouse or domestic partner. If such dependents
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Wise Law Blog: LawFact of the Day: Wills and Estates
Here is your daily LawFact from Wise Law for Thursday March 30, 2017. Today we are talking about Wills and Estates. Where a person dies without a will, an intestacy arises. Ontario’s Succession Law Reform Act establishes rules for the distribution of an intestate deceased person’s property. An intestate person’s
Continue readingWise Law Blog: Using Estimated Values of Estate Assets to Begin Estate Administration
BY PAUL B. ADAM, ASSOCIATE LAWYERA common practice in Ontario that has allowed an Estate Trustee to get going with the management of an Estate, before the precise value of each asset is known, is to file an application for a certificate of appointment with best estimate values of certain
Continue readingWise Law Blog: Life Insurance: Your Money’s Life After Debt
BY PAUL B. ADAM, ASSOCIATE LAWYER In a post last week, I made reference to the argument that estate assets should be taxed after death, forjust the CRA, though! Many people, sadly, depart owing substantial sums to creditors, on mortgages, banks debts, credit cards, and other unfortunate contingencies of life.the betterment
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Here is your daily LawFact from Wise Law for Thursday December 15, 2016. Today we are talking about Wills and Estates. A video posted by Wise Law Office (@wiselaw) on Dec 15, 2016 at 7:13am PST Everyone who applies in Ontario for a Certificate of Appointment of Estate Trustee is
Continue readingWise Law Blog: The (Dreaded) Ontario Estate Information Return
“What my thankless job managing an estate needs is more expense and paperwork,” said no Executor ever. Nonetheless, the Ontario Estate Information Return has arrived and is here to stay. Effective January 1, 2015, every Executor or Estate Trustee who obtains a grant of probate (also known in Ontario as
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Here are your daily LawFacts from Wise Law for Friday October 28, 2016. Today we are talking about Wills and Estates. A video posted by Wise Law Office (@wiselaw) on Oct 28, 2016 at 6:39am PDT Estate property over $200,000 is divided between the deceased’s spouse and children, in proportions
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Here is your daily LawFact from Wise Law for Thursday September 22, 2016. Today we are talking about Wills and Estates.A video posted by Wise Law Office (@wiselaw) on Sep 22, 2016 at 6:25am PDTA last will can leave instructions for who will have custod…
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A video posted by Wise Law Office (@wiselaw) on Sep 16, 2016 at 6:44am PDT
Ontario’s probate fees are $250 for the first $50,000 of an estate’s value and $15 for each additional $1,000. These fees are properly referred to as Estate Administration Taxes.
These taxes must be paid at the court when an Application is filed for the appointment of an Estate Trustee to administer an estate.
Wise Law Blog: LawFact of the Day: Wills and Estates
Here is your daily LawFact from Wise Law for Friday August 26, 2016. Today we are talking about Wills and Estates.A video posted by Wise Law Office (@wiselaw) on Aug 26, 2016 at 7:07am PDTOntario’s probate fees are $250 for the first $50,000 of an es…
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A video posted by Wise Law Office (@wiselaw) on Aug 26, 2016 at 7:07am PDT
Ontario’s probate fees are $250 for the first $50,000 of an estate’s value and $15 for each additional $1,000. These fees are properly referred to as Estate Administration Taxes.
Wise Law Blog: LawFact of the Day: Wills and Estates
Here is your daily LawFact from Wise Law for Friday August 12, 2016. Today we are talking about Wills and Estates.A video posted by Wise Law Office (@wiselaw) on Aug 12, 2016 at 8:09am PDTEveryone who applies in Ontario for a Certificate of Appointment…
Continue readingWise Law Blog: LawFact of the Day: Wills and Estates
Here is your daily LawFact from Wise Law for Friday August 12, 2016. Today we are talking about Wills and Estates.A video posted by Wise Law Office (@wiselaw) on Aug 12, 2016 at 8:09am PDTEveryone who applies in Ontario for a Certificate of Appointment…
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