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How does deemed disposition tax apply to estates in Ontario?
In Ontario and the rest of Canada, many people believe that there is no estate tax to be paid upon their death. The truth is that there is a tax with a different name applicable to the estates of Canadians....
Wills and estate planning tools are not just for older Canadians
If one were to ask most people in Ontario, they would probably say they hope to live to a ripe old age and pass away peacefully. When people think about wills and estate planning, many consider these important for older...
Doling out estates can be tricky with blended families
In a typical will and estates scenario, after a person passes away, his or her assets pass along to a spouse and/or any children. Such is an ideal situation, but that is not always how things work out, especially given...
Passing of Accounts: Request for Further Notice
In my last blog, Passing of Accounts: New Rules, I listed a number of changes to the Rules of Civil Procedure, affecting Applications to Pass Accounts. In this blog I would like to focus on one of these changes: the...