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....
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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...
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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...
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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....
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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...
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Often placed within the fortified walls of banks or special secure facilities, these boxes offer people a safe place to store important documents and valuables. The main feature of a safe deposit box lies in its simplicity. A physical lock and key shielding one's possessions from theft, loss, or damage. Yet, despite this simplicity, choosing the right safe requires an understanding of various factors such as size, ease of access, cost...
Continue readingEven if it is hard to think of your death now, we encourage you to think of ways to take care of your spouse and family when you won’t be here anymore. De Krupe Law is a team of skilled wills and estate lawyers who are here to discuss your short-term and long-term planning goals. We will help you avoid the probate process if necessary and ensure you have the...
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