If you were lucky enough to get a drone for Christmas, there are a few things you should know before taking it out for your first test drive. Much ink has been spilled on this topic of late, so I’ll do my best to keep this succinct. Drones technically fall…
When clients come in to discuss Estate Planning, one of the first, and most important, considerations is whom you want to appoint as Executor to oversee your affairs upon your passing. In broad strokes, the role, duties and responsibilities of an Executor include: arranging for the funeral, securing and appraising…
As a business owner, you’ve spent years establishing your company. You’ve managed it through challenges and built it into the successful operation it is today. Selling can be a tough decision, and if you are considering a sale, now is the time to arm yourself with the facts to ensure…
Buying or selling a home can be a daunting process, especially if you are going through the process for the fist time. The team at Kelly Santini LLP helps 1000s of people with their real estate transactions every year and here to help answer any of your questions. Here…
Generally, following a separation, each spouse is required to account for his/her net family property (i.e. assets, debts, liabilities) with certain property being excluded from the calculation. The courts then equalize the parties’ net family properties, with the spouse who has a lower net family property being entitled to one-half…
Your company’s corporate structure may be the same as the day you opened your doors or it may have evolved over time. Either way, while your current structure may have made sense in the past, it may not be ideal for the purpose of selling your business. The following is…
In December 2014, the federal government passed legislation that has important implications to those who have an estate plan that includes the creation of trusts, trust beneficiaries and/or estate trustees. When a Canadian individual taxpayer dies, a testamentary trust is created for tax purposes. Traditionally, income earned by the…
A nasty court case over a condo parking spot should provide everyone with a reminder about the potential for disputes when you are living in shared space. The key thing for condo owners, and prospective owners, is to ensure they have read and understand the condo’s documentation, including the rules…
