Written By: Georgea Wolfe Without a Will, the Succession Law Reform Act (Ontario) directs who will receive your estate and the amount which each of these people will receive. This is unlikely to conform to your actual wishes if you had given the matter some thought....
Written by Jack Rotsztain Life insurance is an often overlooked but powerful tool to consider in one's estate planning. The utility of life insurance is not limited to helping surviving family members pay for funeral and related expenses, but life insurance can also...
Written by Jack Rotsztain and Benjamin Gal Upon the death of an individual, his legal personhood continues in the form of his estate. In the will, the decedent appoints an executor or executors to pay the outstanding debts and expenses, to administer the assets of the...
When a person dies, it is their Executor who manages the estate, seeing to the distribution of estate assets and fulfillment of estate obligations. Your Executor is appointed in your will. Your Executor has three main jobs: identify and collect the assets of your...
Think again. Regardless of your age and the extent of your assets, having a Will gives you a say over who your heirs will be, often reduces fighting among your loved ones when you are gone, and can result in more money going to the people you choose. While we would...
KRMC represented the plaintiff, a vehicle financing company, in BMW Financial Services Canada v Mirzai et al, 2018 ONSC 180, a recently reported decision of Justice De Sa. In that case, the plaintiff financed the purchase, by one defendant (the "debtor"), of a...
Written by Rozmin Mediratta For the sake of (relative) simplicity, this blog post will focus on doctors. Similar questions arise, however, in the context of other regulated health professionals in Ontario, of which there are 26 under the Regulated Health Professions...
Any person bitten, attacked or otherwise injured by a dog in Ontario is entitled to seek compensation. This article briefly addresses the legal rights and remedies available to victims of dog bites and attacks. Governing Legislation In Ontario, dog bite incidents are...
Philip Cho presented at the Law Society of Upper Canada's 6-Minute Debtor/Creditor and Insolvency Lawyer program, chaired by the Honourable Justice Fred Myers and Michael Myers, on October 17, 2016. Philip provided a brief overview of the use of Mareva injunctions as...
In an article for Morningstar, KRMC wills and trusts lawyer Raquel Kaplan Goldberg spoke to journalist Gail Beebee about the importance of planning for incapacity. Goldberg reviewed ways to proactively select future substitute decision makers of one's choosing -...
