Last blog added on Friday, May 18th, 2012

Information About Toronto Estates and Trusts Monitor

Recent Posts

Below is a preview of the five most recent posts from the blog Toronto Estates and Trusts Monitor. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!

A Faulty Settlement and Some Buyer's Remorse
March 8th, 2012

The recent decision of the Superior Court of Justice in the Murphy Estate considers what happens when parties to a proceeding settle a matter on the basis of faulty facts and one of the parties suffers from “buyer’s remorse”.  Murphy Estate involved a dispute between the Decea... Read more »

Some Tips on Paying Estate Debts
March 6th, 2012

One of an estate trustee’s duties is to pay the debts that a deceased individual owed when he or she died.  As I have previously discussed, the estate trustee is generally not personally liable for the deceased’s debts – they are paid from the assets of the estate.  Howev... Read more »

Expecting An Inheritance? You Might Not Be Getting One
March 1st, 2012

Investor’s Group, a financial services company in Canada, recently released the results of a survey regarding people’s expectations when it comes to receiving an inheritance or leaving one to others.  53% of Canadians expect to receive an inheritance and apparently most except to ge... Read more »

Happy Holidays & See You In January
December 20th, 2011

Dear Readers - After a hiatus, my blog returned last week and will now be published on Tuesdays and Thursdays.  As (un)luck would have it, last Thursday I had a freak accident which resulted in a trip to the emergency room and 16 (count 'em!) staples in my knee.  The good news is I'll be f... Read more »

Help! I Need To Get Probate, But Can't Pay the Fee
December 15th, 2011

In Ontario, when an executor applies for a certificate of appointment of estate trustee (“probate”), the Estate Administration Tax Act requires her to pay the estate administration tax (a “probate fee”).  The amount of the probate fee payable will depend on the value of... Read more »

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