Estate Planning
5 minutes reading time

The Ultimate Guide to Estate Planning in Ontario

Written by:
The Tabuchi Law Team
Published on:
The Tabuchi Law Team
August 9, 2022
The Tabuchi Law Team
August 9, 2022
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Disclaimer
The information provided on this blog is intended for general knowledge and informational purposes only and does not constitute legal advice. The content on this blog is not a substitute for professional legal advice tailored to your specific circumstances. Laws and regulations are constantly changing, and the information provided on this blog may not be current or accurate. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information contained in this blog. For specific legal advice regarding your situation, we strongly recommend that you consult with our firm or another qualified legal professional. Do not rely on information found on this blog as a substitute for personalized legal advice.

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A Henson Trust is a unique estate planning tool in Ontario, Canada, designed to protect the financial future of individuals with disabilities. By establishing this trust, individuals can ensure that their loved ones continue to receive provincial disability benefits while also receiving financial support from the trust.

Understanding the Roles: Trustee vs. Executor in Estate Planning

Understanding the Roles: Trustee vs. Executor in Estate Planning

Handling trust assets is a responsibility that involves knowing the duties and legal obligations that come with it. In Ontario the Trustee Act lays out the principles, for trustees when dealing with trust assets. Trustees need to focus on the beneficiaries needs make investments keep records and communicate well. Getting help, from lawyers or financial advisors can make it easier for trustees to do their job right and manage trusts properly.

Understanding When Probate Is Not Required in Ontario

Understanding When Probate Is Not Required in Ontario

When someone passes away their assets typically need to undergo probate proceedings. Nonetheless in Ontario there are situations where an estate might not require probate. This guide delves into the scenarios in which probate can be bypassed such, as the value of the estate shared ownership of assets and direct beneficiary nominations.