Keeping You Up To Date

When a person dies the property he or she holds in their own name, whether real or personal, is called an estate. A Will is a legal document that names the person or persons appointed as estate trustee (formerly an executor/executrix) and sets out the scheme of distribution of the assets. It also provides the

Due to the pervasiveness of the internet and modern technology, most Canadians are leaving behind a “virtual estate” after death. A “virtual estate” is all the deceased’s digital assets left behind, including electronic possessions such as financial information, songs, tweets, photos and social media. A digital asset is a file or record that one has

What is a Care Home? A care home is rented accommodation that provides care services. Such services include nursing care, prescription drug supervision, an emergency response system, transportation, incontinence care and assistance with daily activities (e.g., eating, bathing, dressing, and personal hygiene). If you live in a care home, you have the same rights as

What is an Administration Bond? An administration bond is personal liability imposed on a prospective estate trustee to protect the interests of the beneficiaries and creditors if the assets are misappropriated. The bond is obtained from a surety (usually an insurance company) and given to the court. The amount of the administration bond that must

What is a Care Home?  A care home is rented accommodation that provides care services. Such services include nursing care, prescription drug supervision, an emergency response system, transportation, incontinence care and assistance with daily activities (e.g., eating, bathing, dressing, and personal hygiene). If you live in a care home, you have the same rights as

Should I Hire a Selling Agent? When selling your home, you have the choice of going “For Sale by Owner” (FSBO) or hiring an agent. The principal advantage of selling your home yourself is that you save the cost of commission. However, there are a number of drawbacks. Your home will generally have less exposure