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Lawson, Clark & Oldman

When 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 & Oldman

Factors to Consider When Deciding Who to Appoint as your Estate Trustee

When 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 & Oldman

Protecting Your Children’s Inheritance When in a Second Marriage

Second 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 & Oldman

Implications of Assisting Your Child with Buying a Home in Ontario

A combination of high real estate prices and new mortgage rules designed to restrict risky lending have led to an increase in parents...

Lawson, Clark & Oldman

Passing on the Family Business? Consider these Estate and Tax Planning Strategies

A family owned business would typically involve the parent or parents owning and operating the business, as well as the children or other...

Lawson, Clark & Oldman

Estate Planning Strategies to Minimize Estate Administration Tax

Ontario 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 & Oldman

Joint Tenancy vs. Tenancy in Common: The Distinctions and Implications

There are two ways to own property with more than one person: (a) joint tenancy or (b) tenancy in common. There are important...