Introduction: Corporate Wills vs Personal Wills A Corporate Will is a document that outlines the wishes of a company or organization for how its assets should be managed after its founders have passed away. It is an important tool for ensuring that the business can continue to meet its goals and objectives even after the [...]
Are you considering buying a home in Canada but don't have the funds for a large down payment? Mortgage loan insurance may be the answer. This type of insurance protects lenders from default and makes homeownership more accessible to Canadians with smaller down payments. In this article, we will discuss what mortgage loan insurance [...]
Economic Mobility Pathways Pilot (EMPP) is a new Canadian immigration program that combines refugee resettlement and economic immigration. This program seeks to provide economic mobility to refugees, immigrants and their families by providing pathways for them to become integrated into the Canadian labour market. This article will explore the goals of this program, how [...]
Introduction Estate planning is crucial to securing one's financial and personal well-being, especially when appointing trusted individuals to manage your affairs. Ontario has two types of Powers of Attorney: attorney for property and attorney for personal care. These legal instruments allow you to delegate decision-making authority to others while you are still alive, unlike a [...]
What is a Holographic Will A holographic Will is a handwritten document expressing a testator's (the person making the Will) wishes concerning their estate upon death. It does not require any formality or witnesses and must be written entirely in the testator's own handwriting, including their signature at the end of the document. Risks Involved [...]
As an entrepreneur, starting a business in a new country can be both exciting and daunting. However, Canada has made it easier for foreign entrepreneurs to establish their businesses in the country through the startup visa program. This program is designed to attract innovative entrepreneurs who can create jobs, spur economic growth, and contribute to [...]
Introduction The closing date is a critical component of real estate transactions in Ontario. It is the date on which the sale of the property becomes final and the buyer takes possession of the property. The closing date is agreed upon by both parties in the purchase agreement and is usually several weeks or months [...]
Introduction Passing away is a difficult time for any of us, but it’s important to make sure that the deceased's estate is managed and distributed according to the law. In Ontario, an Estate Trustee holds legal authority to do this - which means you may need a Certificate of Appointment or Small Estate Certificate from [...]
Purchasing a home is a big step, and it's important to make sure that you have the right legal representation to guide you through the process. A virtual real estate lawyer can help you navigate the legalities of buying a home in Ontario, but how do you choose the right one? In this blog post, [...]
Introduction When buying a house, a home inspection is a crucial step in ensuring you are making a sound investment. It allows you to identify any potential issues with the property before you finalize the purchase. In Ontario, it is important to ask the right questions to your home inspector before you buy a house. [...]
NewsNirmansLaw2023-12-17T04:12:11+00:00