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estate planning

Military wills

With Remembrance Day around the corner, I thought I would talk today about wills for men and women serving in the military. For the most part, doing a will is no different for those in the armed forces. The Canadian Armed Forces administrative staff do a very good job...

Remembering a tractor

65 years ago, Cecil Harris was out in his field when he jumped off his tractor to check on something. The tractor unfortunately kept going, and he became trapped underneath it. Recognizing that he might die, he scratched instructions into the side of the tractor: “In...

How to inherit an estate

Most of us, at some point in our lives, will lose a loved one who will have left something in their will. If what you inherit is significant in value, you should keep a few points in mind. Take your time. You need to give yourself time to grieve, and then time to...

Wedding bells and divorce decrees

In Ontario, if you marry, your will is automatically revoked. Whenever I say this, even if the person I am speaking to is a bit surprised, they see the logic: revoking your will means that you do not accidentally disinherit a new spouse simply because you forgot to...

Sorting your stuff

When people think about estate fights, they often think that the heirs are fighting over large bank accounts, or country properties. More often than not, however, family members will fight longest and hardest over the stuff. My grandfather passed away when I was 18....

Yours, mine and ours

I have clients who are a classic blended family. She had a child young and separated from the father when her daughter was three; he divorced his wife when his daughter was seven; and when they married, they had a child together. They consider all three children to be...