Monday, April 08, 2024
Wise Law's Legal Headlines for the week of April 8, 2024
Friday, April 05, 2024
Legal Tweet of the Day: April 5, 2024
This week’s #FlashbackFriday post is from March 18, 2006 via Wise Law Blog: $1 Million damages for Mental Suffering to BC Employee
Thursday, April 04, 2024
Legal Tweet of the Day: April 4, 2024
Paul Adam on Wills and Estates: Is a foreign Will valid in Ontario?
Wednesday, April 03, 2024
Legal Tweet of the Day: April 3, 2024
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.
Tuesday, April 02, 2024
Legal Tweet of the Day: April 2, 2024
Wise Law's Employment #LawFact of the Day: Discrimination in the Workplace
Monday, April 01, 2024
Legal Tweet of the Day: April 1, 2024
Wise Law's Legal Headlines for the week of April 1, 2024
Thursday, March 28, 2024
Legal Tweet of the Day: March 28, 2024
Paul Adam on Wills and Estates: When should you make a Will?
Wednesday, March 27, 2024
Legal Tweet of the Day: March 27, 2024
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.
Tuesday, March 26, 2024
Legal Tweet of the Day: March 26, 2024
Monday, March 25, 2024
Legal Tweet of the Day: March 25, 2024
Wise Law's Legal Headlines for the week of March 25, 2024
Friday, March 22, 2024
Legal Tweet of the Day: March 23, 2024
This week’s #FlashbackFriday post is from March 25, 2010 via Wise Law Blog
Thursday, March 21, 2024
Paul Adam on Wills and Estates: If a family member has put money into an investment in your name and you have a co-signed on changes to the investment, does that investment belong to you?
Wednesday, March 20, 2024
Legal Tweet of the Day: March 20, 2024
Paul Adam on Wills and Estates: Providing for Guardianship of your Children in your Last Will
You can definitely name somebody in your last will to have
custody and guardianship of your minor children in the event both of the
parents pass away.
Now, the appointment you make in you last will is temporary.
That person will eventually need to apply to the court to be appointed as a
permanent guardian. But, when they make that application, the court will look
very closely on who you named in your last will, and factor that in the
decision about who should be the permanent guardian of your children.



























