Take Me Back

How "out of the box" can I be when writing my will?

wills Oct 16, 2019

While many people don't have a Will in Canada (51% according a 2016 Angus Reid Institute poll), some of us can't help but leave little creative twists in the ones we do make. There are a range of example, take for instance Roger Brown; in his Will he bequeathed 3500 pounds be left to his seven friends so long as they use it to fund a "boozy trip" to Europe. 

Or perhaps some prefer the...

Continue Reading...

Video Wills: Verifying a Testator's Intention

wills Oct 09, 2019

Something that is often forgot throughout lengthy, expensive and emotionally exhausting estate litigation cases is that the court is taking so much care and diligence, and thus time, in hearing these cases because they are trying to determine the intentions of a person who has passed.

This task is rendered all the more difficult if there is ambiguity in wording, missing information or...

Continue Reading...

The Line Between Influence and Undue Influence

wills Oct 02, 2019

In a time that should be allocated to grieving over the loss of a loved one and celebrating their life before passing, the friends and family of Brooke Astor were thrown in a legal battle that lasted almost 7 years after her death in 2007.

The Astor fortune was said to be around $100 million at the time of Brooke Astor’s death, and as a well known philanthropist, Mrs. Astor left much of...

Continue Reading...

The Power of a Written List

estate planning wills Sep 25, 2019

When thinking of the legacies you are leaving people, it can be difficult to decide what to give and to whom. Money is often a large part of inheritance, but perhaps there are certain items you wish to bequeath to family and friends as a way to remember you. To whom and what you bequeath is an important consideration that is worthy of as much time as is put into considering your residuary...

Continue Reading...

Why is it important to review your Will?

wills Sep 04, 2019

Your Will is the document that specifies how your estate will be distributed upon your passing. Once it is made, it should be reviewed and updated to account for any major life changes. Many people will create a Will, store it in a safe place, and then forget about it, failing to consider that when it comes time to read the Will, it may not adequately address new or altered relationships and...

Continue Reading...

Should new parents create a will?

child guardian wills Aug 28, 2019

While having a Will ensures that your assets will be distributed according to your wishes when you die, it also ensures that your children will be cared for by someone you trust.

Thinking about who to appoint as the guardian of your children can be difficult and heartbreaking, but it is an important thought to have. By naming a guardian in your Will, you will have peace of mind in knowing that...

Continue Reading...

You Can't Give What you Ain't Got

wills Jul 31, 2019

We are constantly discussing the types of gifts people want to leave behind in their wills – and a lot of the time, people try to give away more than they actually have. These clients typically attend our office with a long list of who gets what. Once we examine their assets, determine the value of funds that will flow outside of their estate, and estimate how much tax will need to be...

Continue Reading...

Codicil vs. New Will: What should I do?

codicil wills Jul 24, 2019

Many people contact our office and want to make a small change to their wills. For some clients, it may be that their executor has died, or maybe their child is now old enough to become the executor. Whatever the change and reason for the change, we are often asked if the change should be done by Codicil or a will-re-write.

A codicil is a document separate from the original and apart from the...

Continue Reading...

Different Wills for Different Jurisdictions

wills Jul 10, 2019

Our clients are increasingly mobile and often have connections to multiple jurisdictions. They may own a house in Palm Springs, have bank accounts in the UK, a cottage in Croatia, or a business in Spain.

Our office once dealt with and estate where a husband and wife had been married for several years. They had three lovely children, and owned a successful business in Edmonton. When the husband...

Continue Reading...

Why Joint Ownership on Vehicles Can Be a Good Thing

wills Mar 27, 2019

We recently had a client call our office looking for help. The client stated that her husband had passed away 3 months ago and did not have a Will. She was calling because they owned some collector vehicles that had a considerable value, and when she went to transfer the insurance into her name, the insurance company refused to do so because she was not the registered owner of the vehicle. When...

Continue Reading...
Close

50% Complete

Two Step

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.