De Krupe Law Firm Toronto Blog

30 September

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the importance of condominium lawyer toronto

Do You Need a Lawyer When Buying a Condominium in Toronto?

If you need a quick answer, yes, you definitely need a condominium lawyer to purchase a condo in Toronto. Why? Lawyers usually know the ins and outs of any real estate closing, saving you an enormous amount of time and money. However, the speed with which they close deals stems not only from theory, but also from experience and legal practice. While you can’t gain the last two without proper...

31 March

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Squatter’s Rights in Ontario: What Landowners and Claimants Need to Know

Posted by Daniel Simard

in Blog, Real Estate

Imagine how frustrating it can be to find out that someone came to visit you uninvited — and worse, has no intention to leave and claims the right to stay. It may seem unbelievable, but it happens quite often. This is known as “squatting”, and sometimes, land claimants (squatters) can gain legal title to land through adverse possession. Not all cases of squatter’s rights involve the intentional occupation of a neighbour's...

20 February

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Protecting Assets With a Mareva Order

Posted by Daniel Simard

in Blog, Family Law, Real Estate

A Mareva Order is also called an asset freezing order or asset protection order. It’s a powerful tool that prevents someone from hiding or wasting assets during legal proceedings. It promotes fair resolution, protecting the assets until the proceedings are over. Whether you’re the applicant or the defendant, you need to understand the specifics of what is a Mareva order. What is a Mareva Order? A Mareva injunction freezes one of the party's assets, be it...

24 December

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What is Canada’s Foreign Buyer Ban and Who Does It Affect?

Posted by Daniel Simard

in Blog, Real Estate

Canada’s real estate market has drawn global attention, not just for its picturesque landscapes but for its skyrocketing housing prices. With affordability slipping out of reach for many residents, public discourse has increasingly turned to the role of foreign investment in driving up home costs. In response to mounting pressure, the Canadian government introduced the Prohibition on the Purchase of Residential Property by Non-Canadians Act, often referred to as the foreign...

09 September

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Transferring TFSA to Spouse After Death: The Essentials

Posted by Daniel Simard

in Blog, Wills

When thinking about the future, it’s important to not only save some funds, but think about what happens to them after your passing. How can you make sure your TFSA transfers to your spouse in case of death? In this article, we’ll walk you through all the key steps to ensure that your hard-earned savings continue to benefit your loved ones as you intended....

28 August

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DeKrupe Law professional wills and estate lawyers and toronto real estate lawyers

Drafting a Will Without Hassle: Gifting Assets Before Death in Canada, 2024

Posted by Daniel Simard

in Blog, Wills

Thinking beforehand about the destiny of your assets is a smart way to live stress-free, knowing that your property and money will be handed down to your family legally. Lawyers take the burden off your shoulders, arranging all necessary details in time when you can do it at your own pace and without pressure. Neglection of the testament may leave your loved ones confused and in tension, relying on the rules...

14 August

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How To Make a Will Without a Lawyer

Posted by Daniel Simard

in Blog, Wills

Composing a will doesn’t sound like something you can manage on your own, but this isn’t always the case. There are ways to make a will without a lawyer‘s involvement in Canada. It might seem like a more stressful way to manage your property, but it is suitable for some individuals, and will help save time and money. We will cover all the options you have when it comes to...

31 July

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Legally Valid Will in Canada: Requirements

Posted by Daniel Simard

in Blog, Wills

A legally valid Will in Canada is an big part of successful estate planning. It true that it you might not really need it if you don’t have many assets to distribute, but it's vital when the inheritance is bigger than average (>$50,000). In this case, a Will properly distributes your legacy in accordance with your wishes. It also makes the future easier and more certain for those you leave behind....

26 June

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Filing Requirements Order

Posted by Daniel Simard

in Blog

The filing requirements increase transparency and control over the activities, better tracking of financial flows, and prevention of possible bills. Amendments were adopted in December 2022, requiring additional information to be provided annually. They will become sufficient immediately after the end of tax periods, i.e., after December 30, 2023. According to schedule 15 of the regulations, all trusts that do not meet certain conditions must file an annual T3 Return with the...

04 June

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A witness signing a will in Ontario, Toronto, in a lawyer's office

Not Really Anyone: Who Can Witness a Will in Ontario?

Posted by Daniel Simard

in Wills

So you wonder, who can witness a will in Ontario. Most likely, the shortest answer you can get is “anyone, as long as they’re not beneficiaries or their partners”. And it would be right in most circumstances but it’s definitely not all there is to know. The subject matter is rather complex, though easy to dissect once we apply current laws and our practice. Here is all you may need to...

Blog

Do You Need a Lawyer When Buying a Condominium in Toronto?

Squatter’s Rights in Ontario: What Landowners and Claimants Need to Know

Protecting Assets With a Mareva Order

What is Canada’s Foreign Buyer Ban and Who Does It Affect?

Transferring TFSA to Spouse After Death: The Essentials

Drafting a Will Without Hassle: Gifting Assets Before Death in Canada, 2024

How To Make a Will Without a Lawyer

Legally Valid Will in Canada: Requirements

Filing Requirements Order

Not Really Anyone: Who Can Witness a Will in Ontario?

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