This past weekend, the Barrie Film Festival started its 17th annual run. This is an amazing opportunity to see world-class films right here in Barrie. You can check out the full schedule here.
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cesia@wall-arm.ca
It’s standard
When you get a mortgage, you will be signing a lot of paperwork. One of the documents you will sign is an acknowledgement regarding the standard charge terms of the mortgage. Standard charge terms are, well, standard. They set out, in extensive detail, the terms of...
A language lesson
Today, I thought I would talk about two terms that are commonly used in estates, but that most people likely don’t have any clue what the meaning is: abatement and ademption. Abatement happens when there isn’t quite enough in the estate to give everyone their gifts....
Happy Thanksgiving!
Today is Thanksgiving in Canada. I hope you are enjoying the lovely fall colours and spending time with your family.
Vendor take-back
I have clients who bought a building a while ago to use as an office. They have been in business for a long time, but commercial lending is much stricter than personal lending. Fortunately, the seller had no mortgage, and was content to give my clients a mortgage back...
The inheritance gap
Here is a really interesting study on inheritance in America. In a nutshell, you are more likely to receive an inheritance if you are already wealthy; there are also significant gaps that fall along racial lines, with non-Hispanic whites receiving far more...
It’s Fire Prevention Week in Barrie
Fire Prevention Week in Barrie started on Saturday and runs all through this week. There are lots of events to attend - click here for the full list.
Do I have to act?
If you do a will or power of attorney, you can name anyone you want. They don’t have to act though. If you want everything to move smoothly, you should absolutely talk to your proposed executor or attorney to make sure that they are prepared to take over when the time...
Changing up a new home
When you buy a brand-new home from a builder, the agreement often states that certain features can be changed at the builder’s sole discretion, such as flipping the house to a mirror image floorplan, adding or removing garage access to the house or a basement walkout,...
The perils of creditor insurance
Often, when I receive mortgage instructions, they contain a form for the clients to sign regarding creditor life and/or disability insurance. Creditor insurance is one of my least favourite things. There are many problems with creditor insurance. First, it is...