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I HAVE THE POWER (OF ATTORNEY FOR PROPERTY)

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This Blog was written by: Tony Cariati, Estate and Trust Consultant, Scotia Wealth Management In the past few years, the realities brought about by the COVID-19 pandemic have highlighted the importance of having a Continuing Power of Attorney for Property; someone can manage your financial affairs in the event you are ill or suffering from long-term health complications.   Equally as important is naming an attorney for property (“AFP”) who will….

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CareBots are (hopefully) coming soon….

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It was 3 years ago this week that I enjoyed my last big trip away; a trip to Japan and Taiwan, that now feels like a life time ago. At that time Japan was leading the field in their use of technology and care robots.  They are still leading the field. I visited Shintomi Nursing Home in Tokyo that utilizes (at that time) over 20 different types of care bots…..

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Caregiving, Elder Care, Uncategorized

Holograph Wills, Incorporation by Reference and a Warning

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Today’s Blog was co-written by Jessica Bulter, law clerk at Fasken LLP Holograph Wills have always been a tempting choice for some testators as the requirements are simply that it is written by the testator “wholly” in their own handwriting, signed by the testator at the end of the Will and, that it expresses an intention to dispose of property upon death (see our blog here for a more in-depth….

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Should we put our kids on title? Simplifying a common question

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This Blog was written by: Gali Gelbart, Estate and Trust Consultant, Scotia Wealth Management  One of the most common questions I get asked by clients is if they should add one or more of their children on title to their home or other real estate holdings. A lot of people like the simplicity of using joint tenancies to automatically transfer the property on their death. It certainly can be an….

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Attorney Compensation – Can you count on it?

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“An application to pass accounts is more than a rubber stamping of an attorney for property’s accounts”, reminds Justice Graeme Mew in Re Andriesky Estate, 2022 ONSC 242. In most circumstances, an attorney for property is entitled to the percentage formula in the Regulation. Ontario Regulation 26/95 made under the Substitute Decisions Act provides: 1. For the purposes of subsection 40(1) of the Act, a guardian of property or an….

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“And Just Like That”: Mr. Big’s big mistake and other take aways

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This blog post has been written by YVONNE MAZURAK, Associate at Fasken LLP. Like many others, I spent a good chunk of my time off over the holidays catching up on “And Just Like That”, aka the reboot of the decade long 90s hit show which followed the lives of Carrie Bradshaw—a 30-something columnist living in NYC—and her three best friends.For those unfamiliar, the reboot continues following Carrie and her….

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Estate Planning, Uncategorized, Wills
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