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While one common way of avoiding estate administration tax is through the ‘right of survivorship’ provided by joint accounts, the use of these types of accounts is an exercise in…
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When someone passes away, their estate trustee becomes personally responsible for making sure that the deceased’s taxes are paid – a responsibility which must be taken very seriously, Toronto estates…
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While some say death and taxes are the only two certainties in life, it is important to understand how the two relate, Toronto estates and trusts lawyers Ian M. Hull and Suzana Popovic-Montag write…
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By Ian M. Hull While everyone has heard the refrain that the only two guarantees in life are death and taxes, how these two things interrelate is often a source…
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Although taking responsibility for the finances of another can involve a lot of hard work and risk, attorneys, executors and trustees can claim compensation for their work out of the…
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As estate litigation can be both financially and emotionally costly, alternative dispute resolution mechanisms can often be an attractive means for litigants wishing to push toward settlement, Toronto estates and…
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Although powers of attorney for property and personal care are some of the most important documents in any estate plan, they can also lead to fights that can divide families,…
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While the tensions within increasingly complex families can sometimes result in a well-drafted will being challenged in court, good communication and family meeting-style discussions can go a long way to…
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More than half of Canadians do not have their testamentary wishes written down in the form of a will, increasing the odds that their estate will become the subject of…
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Proposed amendments to the Ontario Insurance Act are poised to fix beneficiary designation procedures known to be complicated under the existing legislation, Toronto trust and estate lawyer Ian Hull says in Law Times.…
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