Your estate executor or trustee is the person who handles your estate, distributes your assets, and follows the instructions in your Will. When creating a will or trust, selecting individuals or organizations that can effectively manage your estate and carry out your wishes after your passing is crucial. While family members and friends are often […]
Growth is an essential part of human existence. It is one of the things that set us apart from non-living things and makes our journey through life a continuous process of learning, evolving, and becoming better versions of ourselves. However, as humans grow older, all kinds of health issues will set it, thereby making it […]
Mortgage laws are made to regulate and govern the lending and borrowing of mortgages. Although these laws vary across different provinces, they are designed to protect both the lenders and the borrowers and ensure that mortgage transactions are carried out fairly and transparently. In this blog post, we will provide an overview of mortgage laws, […]
We often receive inquiries about whether a trustee has the authority to eliminate a beneficiary from a trust, and this article aims to address this question. However, it is essential to acknowledge that removing a beneficiary from a trust is a multifaceted and sensitive issue that must be handled cautiously to avoid potential legal repercussions. […]
If you are not conversant with estate planning, you probably would have heard the term “executor” and not know what it means or what they even do. The term “executor” in estate planning is self-explanatory; it doesn’t have another meaning other than the one you see in the dictionary. Simply put, an executor is appointed […]
Have you ever thought about what would happen to your assets and possessions after you’re gone? It’s a tough thought to contemplate, but it’s essential for the well-being of both you and your loved ones. Estate planning is not just for the wealthy and the elderly. It’s a necessary step for everyone, regardless of age […]
Irrespective of the size, building a successful business enterprise requires a solid foundation, careful preparation, and planning. As someone new to the business world, one of the toughest decisions you will ever face is deciding the type of business structure that best fits your business. We have noticed that many new start-ups often need help […]
Aside from going into the courtroom and getting a case resolved by a lawyer, there are other ways that a case can be resolved. Other alternative dispute resolutions (ADR) include mediation, Negotiation, Non-binding to be determined by experts, and arbitration. Our focus today shall be on arbitration. It should, however, be noted that all the […]
To simply put it, conveyance is a term used in law to refer to the act of transferring property or interest from one entity to another. In legal terms, the entities involved in this are known as the conveyor/ grantor and a Conveyee/Grantee. Since conveyance refers to the legal transfer of real estate from one […]
As a business owner trying to rent a property for commercial purposes, there are some things you must look out for before you sign that agreement with your landlord (usually the owner of the property). Commercial leases agreements are considered long-term contracts that, on average, can last for at least five to six years. The sad […]