by Kathleen Robichaud | Aug 20, 2015
Under the Succession Law Reform Act, R.S.O. 1990, c. S.26, if people own joint property and die at the same time or in circumstances making it impossible to know who died first, the joint tenancy is deemed to be severed. The property is treated as though it was owned...
by Kathleen Robichaud | Jul 10, 2015
LawPRO, the company that provides professional liability insurance to members of the Law Society of Upper Canada in Ontario has prepared a brief video you may find helpful about what happens when you die without a Will. To view it, please click the following link:...
by Kathleen Robichaud | Mar 11, 2015
Real Property can be held in different ways, the main two types of ownership are joint tenancy and tenancy in common. Joint Tenancy Joint tenancy is a type of ownership that comes with the benefit of the right of survivorship. This means where two people own property...
by Kathleen Robichaud | Aug 8, 2014
Executors and trustees are entitled to be compensated for their work in the administration of estates, as provided in Ontario’s Trustee Act, R.S.O. 1990, c. T.23 (“Trustee Act”), s. 61(1), which says: “A trustee, guardian or personal representative is entitled to such...
by Kathleen Robichaud | Mar 19, 2014
No matter how carefully a Power of Attorney for Property is drafted, appointing a U.S. resident to act as your attorney may result in the attorney being unable to process transactions with respect to Canadian Investments. I recently came across an issue in relation to...
by Kathleen Robichaud | Oct 16, 2013
Did you know that your banking agreement probably gives your bank the right to refuse to allow your Attorney to close a bank account or transfer funds out of your bank account if the bank does not believe that your Attorney is acting in your best interests? For...
