Estate Planning Ontario Checklist
This Ontario estate planning checklist is for anyone who wants to organize their assets, protect loved ones, and reduce stress for their family.
September 4, 2025
This Ontario estate planning checklist is for anyone who wants to organize their assets, protect loved ones, and reduce stress for their family.
Putting a house in a living trust in Canada means transferring legal ownership of the property to a trustee while alive.
This case study is here to act as a warning to anyone who is thinking of going rogue and trying to avoid tax liabilities without thinking through all the potential risks and downsides.
In Canada, most trusts are taxed as separate legal entities and must file their own T3 tax return each year.
When you inherit a house in Ontario, ownership is transferred to you according to the deceased’s will or estate plan.
A family trust in Canada can help you split income among family members, which may lower your overall household tax bill.
What is a living trust in Canada? A living trust is a legal arrangement where you transfer assets into a trust while you are still alive.
How can I set up a living trust in Canada? Before you set up a living trust (also called inter vivos trust), make sure you’re positive that it’s the right tool for your particular situation.
A life insurance payout, also called a death benefit, is the lump sum paid by an insurance company when the insured person passes away.
In Canada, life insurance can be part of an estate, but it depends on who is named as the beneficiary.