Chances are you are on Facebook or another social media platform in order to stay connected with friends and family. You might also have a blog or website. Have you ever considered what would happen to your social media profiles, …
Your Wishes for Long Term Care
Your Power of Attorney for Personal Care is a very important document regarding your health care in the event that you are not capable of making your own decisions in the future. Most do not realize that you can include …
Gifting Family Heirlooms & Personal Belongings
There are a number of ways that you can leave family heirlooms or personal belongings, such as jewelry, collections, or automobiles, to your loved ones as part of your estate planning. GIFT DURING YOUR LIFETIME It may seem obvious, but …
Who Will Care For Your Pet?
We have all heard the story about the billionaire heiress who left her entire estate to her beloved pooch. Now, I myself am a dog owner, but most of us would agree that this was a bit drastic. That being …
Frequently Asked Questions
I am frequently asked the following questions: My lawyer is retiring, what do I do? Is it difficult or expensive to change lawyers? The short answer, generally speaking, is that it is simple and costs nothing to change lawyers or …
To Reduce Probate Tax Possible Strategies
New probate rules came into effect on January 1, 2015. See my article in Issue 18 of CKSenior online for more information on these new regulations. A new Estate Information Return is required to be submitted to the Ministry, including …
The Risks of Joint Asset Ownership Between Parent and Adult Child
It is likely that you or someone you know has at least considered adding an adult child as joint owner to real estate, bank accounts, or investments. This is a popular topic at my estate planning seminars. A common motivation …
Powers of Attorney for Personal Care
POA ADVANCED DIRECTIVES In CK Senior, Issue 15, I discussed the important considerations when selecting an appropriate substitute decision maker in Powers of Attorney. In this issue I will focus specifically on the Powers of Attorney for Personal Care. In …
Estate Planning for Grandchildren
Estate Planning is a significant part of my legal practice. Many seniors see me to update their existing Wills or to prepare new Wills for them. I find that a common motivation for updating their Wills is the arrival of …