Review your estate plan regularly

Wednesday, June 19th, 2013

We all know and remind clients that it is important to review and update Wills and Powers of Attorney regularly.  This review should also include a review of your beneficiary designations.  The recent Ontario Superior Court of Justice decision in Stevens v. Fisher is a good reminder of what can ...

Post-Traumatic Gift Disorder

Friday, March 15th, 2013

We came across an interesting article on the Accounting Today website: http://www.accountingtoday.com/news/New-Affliction-Post-Traumatic-Gift-Disorder-65739-1.html.  In his article, Lance Woodbury has coined a term for a “condition” many of us have probably seen in practice: “post-traumatic gift disorder” (or PTGD). Mr. Woodbury uses this term to describe the circumstance in which parents (usually family ...

Powers of Attorney – The Importance of Doing Things Properly

Thursday, March 7th, 2013

In the estates and trusts world, we are very aware of the importance of proper planning.  We frequently help people prepare for possible future incapacity.  We help them to prepare and properly execute powers of attorney, and to understand record or otherwise communicate any specific wishes they may have.  We ...