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Gifts Made During a Parent’s Lifetime – Why Proper Documentation is Essential for Legal Clarity and Family Harmony
In Ontario, inter vivos gifts—gifts made by a parent during their lifetime—are often made with love and good intentions. However, without proper legal documentation, these lifetime gifts can lead to serious estate disputes, misunderstandings, and costly litigation after a parent’s...
Gratuitous Gifts – Was It a Gift? – Part 2 of 2
In my previous post I wrote about gratuitous gifts and how the Pecore principle has been expanded by the Courts to include transfer between unrelated parties. Today's post will delve deeper into the intricacies of a recent decision from the...
Do Beneficiaries Have Rights in Ontario?
Strictly speaking, beneficiaries of a deceased’s estate do not have “rights” per se. Beneficiaries are not entitled to do any of the things that an Executor or Estate Trustee is obligated to do. Beneficiaries are, however, entitled to an accounting...
