What is it? The UHT is a new federal tax in Canada: It is an annual 1% tax on the ownership of vacant or underused housing in Canada. Anyone who files a UHT return must also pay the tax unless they qualify for an exemption. What is an affected owner? Affected owners are residential property […]
The Underused Housing Tax (UHT) in Canada Read More »
If you are establishing a business, or expanding to the US, you need to know the paperwork required to complete the formation of your business entity. Learn more about US requirements below. And reach out to us if you’d like help from the experts in setting up your business correctly right from the start. There
Entity Formation Documents Read More »
Blended family situation in the Province of Ontario, Canada where you need to update your will when you divorce and get into a common law relationship. For the reasons set forth above, a divorced spouse entering into a common law relationship should execute a new will to provide for the common law partner. If you
6 Reasons why common law partners need a will in Ontario Read More »
A land trust is a binding trust agreement between a property owner and a trustee that authorizes the trustee to hold the property with or without transferring the title and control of the property. The purpose of a land trust depends on the type of land trust. Real estate trusts — also referred to as
All About Land Trust Read More »
Everyone has an estate plan, intentionally or unintentionally. If you intend to distribute the properties at the end of your lifetime, you can either create a will or revocable living trust and distribute all your assets. If you die with a will, it’s called testate. If you die without a will, it’s called intestate
Does everyone need a Will or a Revocable Living Trust? Read More »
Proper estate planning is one of the most important things a person can do to provide financial security for their family and loved ones. When thinking of estate planning, there are several vital aspects that must be considered and planned for in order for a seamless transition of property and assets to occur. Without the
The Difference between Last Wills, Living Trusts and Pourover Wills Read More »
