Multiple Wills
It has become the recognized practice in Ontario in recent years to use multiple wills for purposes of avoiding paying probate fees on certain assets upon death. Having more than one will to deal with assets in the same jurisdiction is a departure from past practice and is likely a cause of some confusion.
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Marriage Contracts
The phenomenon of second marriages has become commonplace in modern society. It is not uncommon for a second marriage to take place somewhat later in the lives of the parties, and at a time when the children of each of them are independent adults.
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Getting Organized: Estate Planning
What will become of the things you own -- your assets -- when you eventually pass-on? The following list of documents, materials, and instructions will help organize your own thinking and will provide essential information to your survivor(s) or to those who will care for you if you are disabled and unable to act for yourself. There are six broad categories of materials to organize.
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Is Your Personal Care Financial Plan in Order?
Discussions with families about issues such as end of life care, assistance care, and care when you are incapacitated or vegetative state, are difficult to have. However, some tough questions do need to be asked.
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