- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Friday, March 31, 2023
Legal Tweet of the Day: March 31, 2023
Thursday, March 30, 2023
Legal Tweet of the Day: March 30, 2023
#LegalTweetoftheDay: Vatican rejects Discovery Doctrine in response to Indigenous demands #law #legal #lawtwitter via @CBCNews https://bit.ly/3nx4cvH
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Paul Adam on Wills and Estates: When should you make a Will?
The best time to time to prepare your Last Will is “right now.”
The end product is only half the benefit. You also benefit from taking stock of all your assets and responsibilities and from planning how you’d like to take care of your loved ones.
When you talk with a lawyer about your Will, you will get advice and clarity about these concerns and the steps you need to take to keep your affairs in order. There is no more important way to provide for your family and your future.
- Paul Adam, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Wednesday, March 29, 2023
Legal Tweet of the Day: March 29, 2023
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Paul Adam on Wills and Estates: Estate Tax
There are 3 basic ways in which most simple Estates may be
required to pay taxes.
1.
If all or part of your state is being submitted
to Probate, you'll need to pay what's called an Estate Administration Tax on
that portion.
2.
If you have to sell property or shares in a
corporation, your state may need to pay Capital Gains Tax on the proceeds from
the sale of that property.
3.
Lastly your Estate will need to file a tax
return for the year in which you die until your Estate is wrapped up and all of
the money is paid out.
- Paul Adam, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Tuesday, March 28, 2023
Legal Tweet of the Day: March 28, 2023
#LegalTweetofthDay: Meet the DA who’s set to go to war with Donald Trump #law #legal #lawtwitter via @TorontoStar https://bit.ly/3nm6m0V
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Monday, March 27, 2023
Legal Tweet of the Day: March 27, 2023
#LegalTweetoftheDay: Florida teen sentenced to life in prison for fatally stabbing 13-year-old classmate #law #legal #LawTwitter via @CNN https://cnn.it/3lIOzk7
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Wise Law's Legal Headlines for the week of March 27, 2023
Here are our leading legal headlines for the week of March 27, 2023 from Wise Law on Twitter:
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Friday, March 24, 2023
Legal Tweet of the Day: March 24, 2023
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Thursday, March 23, 2023
Legal Tweet of the Day: March 23, 2023
#LegalTweetoftheDay: Canada is raising the federal minimum wage to $16.65 next month. Here’s what that means for Ontario #law #legal #lawtwitter via @TorontoStar https://bit.ly/3TCyTLO
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Paul Adam on Wills and Estates: Do children inherit parent's debt?
Most debt doesn’t transfer from a parent’s estate to a child. If the deceased did not have enough assets to pay off the debts, the creditors may require a sale of the assets of the estate to address the debt, but that’s it.
There are some exceptions- like if a child jointly owned the debt, or acted as a guarantor, or if the deceased parent improperly offloaded assets to the child for less than market value to evade creditors.
- Paul Adam, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Wednesday, March 22, 2023
Legal Tweet of the Day: March 22, 2023
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Paul Adam on Wills and Estates: What is Probate?
When you name a person in your last will to be the Executor
of your Estate, that person sometimes needs to also apply to the Court to be
appointed formally as the legal representative of your Estate in order to deal
with certain property that you own, potentially like a house or a bank account
that solely in your name. The process of applying to Court to be appointed as
the representative of your Estate is what we call Probate.
- Paul Adam, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Tuesday, March 21, 2023
Legal Tweet of the Day: March 21, 2023
#LegalTweetoftheDay: Ontario woman faces over 30 charges in rental fraud investigation on Facebook Marketplace, Kijiji #law #legal #lawtwitter via @CTVNews https://bit.ly/3LE5mPW
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Monday, March 20, 2023
Legal Tweet of the Day: March 20, 2023
#LegalTweetoftheDay: How Donald Trump Would Be Arrested #law #legal #lawtwitter via @nytimes https://nyti.ms/3yPATqm
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Wise Law's Legal Headlines for the week of March 20, 2023
Here are our leading legal headlines for the week of March 20, 2023 from Wise Law on Twitter:
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Friday, March 17, 2023
Legal Tweet of the Day: March 17, 2023
#LegalTweetoftheDay: Ottawa says Human Rights Commission discriminated against its Black employees #law #legal #lawtwitter via @CBCNews https://bit.ly/3mYxm6A
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
This week’s #FlashbackFriday post is from July 24, 2012
This
week’s #FlashbackFriday post is from July 24, 2012 via Wise Law Blog: Developments
in Access to Legal Information Online
https://wiselaw.blogspot.com/2012/07/developments-in-access-to-legal.html
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Thursday, March 16, 2023
Legal Tweet of the Day: March 16, 2023
#LegalTweetoftheDay: Major General Dany Fortin, military officer acquitted of sexual assault, sues government, PM for $6M #law #legal #lawtwitter via @TorontoStar https://bit.ly/3JIbAwK
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Paul Adam on Wills and Estates: Is a foreign Will valid in Ontario?
This can depend on the Will itself. Some factors to consider are:
1. Does the Will intend to apply to property in Ontario?
2. Can the words of the Will be interpreted conclusively?
3. Does the Will deal with the property in a way that is legal in Ontario?
If the Court is satisfied with the answers to all of these questions, and an executor has already been appointed outside Ontario, it may grant that executor the right to administer the deceased’s property in Ontario, too.
- Paul Adam, Toronto
Visit our Toronto Law Office website: www.wiselaw.net
Wednesday, March 15, 2023
Legal Tweet of the Day: March 15, 2023
#LegalTweetoftheDay: Access to the drug used for medication abortions could be cut off nationwide, depending on this hearing today #law #legal #lawtwitter via @CNN https://cnn.it/3FsWF7k
- Garry J. Wise, Toronto
Visit our Toronto Law Office website: www.wiselaw.net