Lawson, Clark & OldmanJul 22, 20194 min readWhen Would an Estate Need to be Probated? Can Probating be Avoided?When a person dies with a will, the assets owned by the deceased person will form part of the deceased’s estate, but may or may not...
Lawson, Clark & OldmanSep 20, 20185 min readFactors to Consider When Deciding Who to Appoint as your Estate TrusteeWhen providing instructions to your solicitor for preparing your Will, one of the first questions that he or she will ask is who you want...
Lawson, Clark & OldmanFeb 14, 20183 min readProtecting Your Children’s Inheritance When in a Second MarriageSecond marriages are becoming more and more common in today’s society. In such marital situations, it is typical for the spouses to have...
Lawson, Clark & OldmanJan 11, 20183 min readImplications of Assisting Your Child with Buying a Home in OntarioA combination of high real estate prices and new mortgage rules designed to restrict risky lending have led to an increase in parents...
Lawson, Clark & OldmanJun 23, 20173 min readPassing on the Family Business? Consider these Estate and Tax Planning StrategiesA family owned business would typically involve the parent or parents owning and operating the business, as well as the children or other...
Lawson, Clark & OldmanMay 21, 20173 min readEstate Planning Strategies to Minimize Estate Administration TaxOntario estate administration tax (aka “probate fees”) is a tax imposed on the estate of a deceased person, and is paid in order to...
Lawson, Clark & OldmanJan 18, 20173 min readJoint Tenancy vs. Tenancy in Common: The Distinctions and ImplicationsThere are two ways to own property with more than one person: (a) joint tenancy or (b) tenancy in common. There are important...