Corporate, Commercial & Business Law

Understanding the Ontario Land Transfer Tax

Kanata CA personal injury, family, and real estate law firm

I want to transfer my house to my son. Do we have to pay Land Transfer Tax on such a transfer? As long as there is no consideration passing between you and your son, and the transfer is a gift to your son, there is no Land Transfer Tax payable. What is Land Transfer Tax? Land Transfer Tax…

Read More

Do you need a Will?

Kanata CA personal injury, family, and real estate law firm

We have been married for the last 25 years but don’t have any children. Do we need a will, or would everything just go to the surviving spouse anyway? Yes, you do need a will. Whenever you don’t have any children, under the statutory distribution scheme for individuals that die without a will, your spouse…

Read More

Family Law: Who Pays for Back to School?

Kanata CA personal injury, family, and real estate law firm

My spouse and I are separated with children. Who pays for back to school expenses? Parents often like to joke that back-to-school is “the most wonderful time of the year.” Covering the costs of sending the kids back into the classroom also makes it quite an expensive time of year. For parents who are separated or divorced, figuring out…

Read More

Leasing Commercial Space

Kanata CA personal injury, family, and real estate law firm

Q: I run a small business and I am currently in the process of looking for commercial space. Do I need a lawyer to review the lease? A commercial lease is a complex legal document. In addition to the usual but important commercial provisions such as the term of the lease and monthly rentals, there are numerous other commercial…

Read More

Settling Claims Informally: Possible Issues

Kanata CA personal injury, family, and real estate law firm

I was at a party out in cottage country and I collided with a parked car while leaving. There was some damage. I thought it looked pretty serious, but the owner said if I paid $500 cash, it would be no problem. Is there any down side to this? Yes. It is risky to settle…

Read More

Employees, Managing and Overtime Pay

Kanata CA personal injury, family, and real estate law firm

Question: I recently changed roles at work. My new title is “Accounts Manager” and I am responsible for all the company’s accounts payable and receivable. I also help other staff price our products and develop new accounts. I am very happy about my new role but my job used to be “9 to 5” and now I have…

Read More

Power of Attorney for Property

Kanata CA personal injury, family, and real estate law firm

Do I need a Power of Attorney for someone to manage my assets if I am unable? In most cases, people should have a Power of Attorney as part of their estate plan. A Power of Attorney for Property allows you to appoint someone to act on your behalf with regards to your assets in…

Read More

Title Insurance and Protecting Your Real Estate Investment

Kanata CA personal injury, family, and real estate law firm

I am purchasing a new home. I heard from my real estate agent that I would have to get title insurance. Is this necessary? Title insurance has been around for the last 15 years and is used in almost all residential real estate purchases, especially those involving mortgages. What is title insurance and how much does it cost?…

Read More

Kitchen Table Agreements

Kanata CA personal injury, family, and real estate law firm

My husband and I are separating and we are planning to sit down and discuss how we will handle everything moving forward. Is there any problem with negotiating matters by ourselves? When two people decide to separate, there is often the temptation to sit down together around the kitchen table and make agreements and decisions…

Read More

Shareholders Agreements: Why They Might Be for You

Kanata CA personal injury, family, and real estate law firm

My business partner and I are the shareholders of our incorporated restaurant. Everything is going well between us but we’ve been told that we should have a shareholders agreement for our corporation. What is a shareholders agreement and why do we need one? A shareholders agreement is a contract between two or more shareholders of a corporation that…

Read More