Wise Law Blog: LawFact of the Day: Wills and Estates

Here is your daily LawFact from Wise Law Toronto for Thursday April 20, 2017. Today we are talking about Wills and Estates. Life insurance policies that designate a beneficiary become that beneficiary’s property on the day the insured dies. They don’t become part of the insured’s estate and they are not subject to estate tax.For ...

Wise 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 of society. How fortunate are ...

Wise Law Blog: LawFact of the Day: Wills and Estate

Here is your daily LawFact from Wise Law for Thusday December 22, 2016. Today we are talking about Wills and Estates. A video posted by Wise Law Office (@wiselaw) on Dec 22, 2016 at 7:06am PST Life insurance policies that designate a beneficiary become that beneficiary’s property on the day the insured dies. The proceeds ...