Archive for the ‘Wills’ Category

I’LL GET TO MY WILL ON ANOTHER DAY…

Friday, April 29th, 2016

One cannot be engaged in an estate planning practice without being asked “why do I need a Will”.  For those living family members of the recently departed entertainer, Prince, the answer will, unfortunately become all too clear.  According to numerous news reports, the iconic entertainer died without a Will.  As ...

Pension Beneficiary Designations – Don’t Forget the Tax!

Friday, April 22nd, 2016

In Will drafting, it is common to include beneficiary designations for life insurance, TFSAs and RRSPS/RRIFs, but sometimes pension plans are overlooked. If the client has a spouse (married or common law), the spouse will automatically receive the client’s pension survivor benefits pursuant to Ontario law. However, members of a ...