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, […]