Jointly Owned Property In Estate Planning Real estate is often the most valuable asset that we own. How we own it is crucial for both estate planning and estate administration. There are three main ways that individuals own real estate…
The most common and important mistakes in estate planning are not about complex issues. They are basic mistakes about the fundamentals. 1. Not having a will The rules for how an estate is divided in Ontario when there is no…
Many life insurance policies and various savings plans (RRSPs, TFSAs, RRIFs) provide a means for you to designate a ‘beneficiary’, and on the death of the plan/policy holder the funds flow directly to the named beneficiary. It is very common…