A change in your marital status has a definite impact on your estate planning. If this sort of change has occurred or is about to occur, you should review how this may affect your estate planning.
Finders Are Not Always Keepers
The story takes place in Stratford where Jean and Harry Weitzner lived together for 38 years prior to Harry’s tragic death in a fire in 1989. Harry left a will naming his wife as his sole heir.
For about 30 years, Harry operated a scrapyard on the site, using a portion of his home as a business office. The property was sold by Jean to Hermans in 1997 who then had the house demolished by Cornelius Goncalves.
During the demolition, a fire extinguisher rolled out of a crawl space under the business office in the home. An unspecified quantity of silver coins were found in the extinguisher, along with $130,000 in old $50 and $100 bills. The money was in 26 neat bundles of $5,000 each.
Getting Released After Being Arrested
After a person is arrested by the police for an alleged criminal act, a decision will be made whether to release the person or hold them for a bail hearing.
Buying a Business
Rather than starting up a business from scratch, some people would rather buy an ongoing “turn-key” operation. This can save a lot of hassles and provide a Banker with a history of operations for financing purposes. Deciding on whether to buy a business should include extensive discussions of its value and desirability with your professional advisors, most particularly your accountant.
Property Taxes and Farm Transfers
If you are considering purchasing a farm property or if you are in the midst of a farm purchase you should be aware that a lower “farm lands property class” tax assessment enjoyed by the current owner may not be transferrable to you as a purchaser unless certain formalities are observed.
Defamation And The Internet
What can you do when someone publishes something about you that hurts your reputation?
Are We Partners or Aren’t We?
A recent case dealing with partnerships raises some serious questions about people who have business relationships, especially farmers as this was an agricultural situation.
Have You Reviewed Your Will Lately?
A Will is a legal document which provides for the distribution of your property to anyone named as your beneficiary after your death and appoints someone to administer your estate. Since no one likes to dwell on this inevitable aspect of life, many people put off making their Will, or do not review their Will on a regular basis. In fact, a majority of Canadians under 65 do not have an up-to-date Will. In addition to the emotional reasons, many people mistakenly think they don’t need a Will.
Replacement of Income under No-Fault Insurance System
You were involved in a motor vehicle accident in Ontario. You are injured. You have to deal with the often devastating impact those injuries have on your life. On top of that you have to deal with trying to figure out if compensation is available to you, what compensation is available and who will pay this compensation.
Obtaining a Divorce?
Divorces can be obtained by either the husband or the wife after the couple have been living separate and apart for one year. This does not necessarily mean that the couple have to have been living in separate places. It is possible to be living separate and apart in the same house if you no longer share your life with the other person.