Category Archives: Estate Planning

Michael consulted us recently after his father’s death. Michael was an only child, and his parents divorced when Michael was still quite young. Michael was his father’s closest relative and he thought he would inherit his father’s estate, which consisted of an RRSP worth $200,000 and a bank account worth $50,000. Unfortunately, when Michael’s father […]

A new law in Ontario will bring some important changes for Wills and Estates. Bill 245 has received Royal Assent but will not come into force until at least January 1, 2022. The new law will make several substantial changes affecting Wills and Estates, including repealing the longstanding rule in the Succession Law Reform Act […]