The Substitute Decisions Act governs the appointment of guardians for property. According to section 25, when a Judge orders an appointment for a guardian of property, he or she may “require that the guardian post security in the manner and amount that the court considers appropriate.”
So someone owes you money or promises to leave you part of their estate in exchange for your promise to take care of them…but then they don’t. Well you have a claim against a decedent, but that claim must be acted on quickly. The outside deadline is one year from the date of death, if you fail to act by this time you are FOREVER barred in asserting your claim. And by “forever” I mean forget about the money you are owed for good.
Supported and Co-Decision-making: Law Commission of Ontario Considers Alternatives to Substitute Decision Making
I recently blogged about the Law Commission of Ontario’s discussion paper here and Suzana Popovic-Montag followed up on my post here. Today I want to discuss the third part of the paper, which deals with Ontario’s substitute decision-making systems.
If you are anything like me, your life currently revolves around watching the World Cup. Feuds erupt with longstanding friends over which team is superior, and our roadways turn into the United Nations as cars drive by proudly displaying their affiliations.
Listen to Hull on Estates #382 – Attorneys for personal care. Today on Hull on Estates, Paul Trudelle and Josh Eisen discuss providing services as an attorney for personal care.
When a will challenge is commenced, one of the often overlooked consequences of the proceeding is that there is now no individual with the inherent authority to administer the estate.
Canada’s neighbors to the south should pay attention to its anti-spam laws despite the early criticism.
Listen to Hull on Estates #381 – Morality in public policy. Today on Hull on Estates, Jonathon Kappy and Doreen So talk about morality in public policy, explaining how it may limit the ability to gift a gift under a will, and reference the McCorkill v. Streed case out of New Brunswick.
Is Donald Sterling Crazy, or is Shelly Sterling Crazy Like a Fox? How a Little Known California Trust Provision Could Save or Sink a $2 Billion Deal
One of the biggest benefits of creating a revocable, living Trust is that it allows your successor Trustee to manage your affairs if you lose capacity. Sounds good, but who decides when your capacity is kaput?
On June 18, 2014, the IRS announced a revamped Offshore Voluntary Disclosure Program.