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June 2017 Archives

Is a franchise a suitable business option for an entrepreneur?

Building a business from nothing can be a time-consuming process without guaranteed results. Many Ontario entrepreneurs start with a franchise of an already successful enterprise, hoping to skip the initial difficult years. However, purchasing a franchise comes at a price. In return for the franchisor's expertise, the franchisee (the person buying the franchise) typically pays a substantial price.

Wills and estate planning tools are not just for older Canadians

If one were to ask most people in Ontario, they would probably say they hope to live to a ripe old age and pass away peacefully. When people think about wills and estate planning, many consider these important for older men and women who want to pass along their estates. Yet, not everyone is fortunate enough to enjoy an extended lifespan. Having one's estate planning in place can help protect the future of a young family in the event of a tragedy.

STEP Canada -- Michael Cadesky Volunteer of the Year Award

The STEP Canada National Conference took place June 12-13, 2017, at the Metro Toronto Convention Centre. The conference was a great success with record attendance of 722 registrants. One of the highlights of the event included the presentation of the "Michael Cadesky Volunteer of the Year Award" to Timothy J. Grieve. Tim was the National Chair of STEP Canada's Board of Directors (2015-2017) and was tireless in his efforts to assist STEP in raising the public profile of professional trust and estate workers. Tim's friends and colleagues at Merovitz Potechin LLP wish to congratulate him on this well deserved honour.

Doling out estates can be tricky with blended families

In a typical will and estates scenario, after a person passes away, his or her assets pass along to a spouse and/or any children. Such is an ideal situation, but that is not always how things work out, especially given the prevalence of blended families in Ontario.

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Merovitz Potechin LLP
300-1565 Carling Avenue
Ottawa, ON K1Z 8R1

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