Estate Planning

Individuals typically believe that a Will governs how all of their assets will be distributed upon their passing.  In fact, there are a number of techniques that can and should be employed to effect transfers.

Individuals will want to ensure that appropriate arrangements are in place, with tax and other considerations having been reviewed. Planning may include the making of advance bequests (transfers made prior to death) and charitable bequests, as well as the implementation of trusts.

We also provide advice to lawyers and other estate planning professionals as to the appropriate use of annuities in an estate setting.

Ontario, in 2015, implemented a new regime (including complex filings) for probate fees. This has made the probate process more cumbersome, and many heirs may see delays in receiving distributions from an estate.