Powers of Attorney
In the following blog post, the author will explain what a power of attorney is, how it works, and the risks if no power of attorney is appointed. The following case summary illustrates the dangers of not establishing a power of attorney. Simply speaking, a power of attorney a legal document appointing an attorney to […]
What happens to your digital assets when you pass away?
Within this blog post, readers will gain insights into the utilization of legacy contacts on the leading platforms, including Facebook, Apple, and Android. Additionally, we’ll explore the advantages of designating a legacy contact. Legacy contacts are people you choose to have access to your data after your death. People with influential social media accounts may […]
What is elder abuse and how can it be prevented?
With an aging population, extended life expectancies, and a higher likelihood of incapacity, it becomes crucial for individuals to be mindful of the potential for financial abuse when designating a power of attorney. A power of attorney is a legal document through which the grantor gives one or more people the ability to manage their […]
Minute Books: the what and the why?
In this blog post, we will explore the significance of a minute book, its components, the importance of maintaining one, and the implications of not having a corporate minute book. A minute book collects all critical corporate records so that the corporation’s shareholders and creditors can easily access. A minute book can be kept online, […]
Gifting considerations in Ontario
This article aims to address various considerations surrounding inter-vivos gifts (gifts made during a person’s lifetime), as well as shed light on why it is important to you. The case of Pecore v. Pecore refers to a Canadian legal case that revolved around the issue of inter vivos gifts and the determination of the legal […]
Gifting property in Ontario
The following blog will highlight the dynamics of gift real estate in Ontario. A lot of parents want to gift real estate to help their children or extend their legacy, or in some instances both. Gifting real estate can have complex implications. Ontario has two forms of real estate gifts: (1) inter-vivos (i.e. gifts that […]
Guardianship for Property: what is it and when is it used?
This blog aims to provide readers with an understanding of the concept of guardianship for property, including its intricacies, associated risks, and potential solutions. A guardianship is a legal relationship sanctioned by the court. It comes into play when the Court determines that an individual lacks the capacity to make sound decisions. In such cases, […]