Understanding the power of attorney is essential for anyone involved in legal matters, whether personal or business-related. This blog post delves into the intricacies of power of attorney, exploring its various types and the significant role it plays in future planning. By securing a power of attorney, you can ensure that your affairs are managed according to your wishes, providing peace of mind and stability. Discover why this legal tool is a cornerstone of effective future planning and how it can safeguard your interests in unforeseen circumstances.

Discover the vital components of estate planning specifically designed for families in the Greater Toronto Area. This essential guide delves into how an estate planning lawyer can help secure your family's future through tailored legal strategies. Learn how comprehensive estate planning can provide peace of mind and protect your loved ones. Whether you're new to estate planning or looking to refine your existing plans, this guide offers valuable insights into family legal strategies in the GTA.

In the bustling business landscape of Toronto, the role of a business lawyer is indispensable. As you navigate the complexities of commercial law, a seasoned business lawyer provides crucial legal guidance to safeguard your enterprise. From contract negotiations to compliance with local regulations, understanding the key legal areas they cover can significantly impact your business's success. Discover how expert legal advice not only protects your interests but also empowers you to make informed decisions for long-term growth.

70% of Canadians die in hospital, and for 10-15 % their last admission is to the Intensive Care Unit. This occurs despite the fact that most report that they would prefer to die at home, with comfort measures only.

In 2016, 4.2 % or fewer Torontonians over the age of 18, regardless of their health status, survived CPR (or Cardio-Pulmonary Resuscitation) attempts in the home, with survival being defined as being able to leave the hospital after the event. Research indicates that the public’s impression of the survival rate of CPR from watching TV and movies is about 70%. 4.2 vs 70%— that’s a big discrepancy.

The McMaster, McIntyre & Smyth, LLP team wishes you the happiest of holidays this season. May the New Year be filled with joy, health, and prosperity!

Original Article Source Credits: Legacy, https://www.legacy.com/

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Original Article Posted on: April 21, 2021.

Link to Original Article: https://www.legacy.com/obituaries/theglobeandmail/obituary.aspx?

TONIGHT:  Alan Kay will be presenting on Wills and Powers of Attorney at St. Andrew's Presbyterian Church, 9860 Keele Street, Maple, ON L6A 3Y4. Wednesday, June 19, 2019 @ 7:30pm. Attendance is free and all member of the public are welcome. Topics include: Common Errors in Estate Planning - A Failure to Plan is a Plan for Failure What happens if you don't have a Will or Power of Attorney Preparing to Meet your Lawyer  Parking is available. Refreshments will be provided.

In Ontario, a person can have multiple Wills.  Having multiple Wills is an effective means of estate planning and avoiding or minimizing probate fees (also known as Estate Administration Tax).

While most of us do not think of our social media and digital presence when planning our estates, there can often be significant personal value (and sometimes monetary as well) in these accounts.  It is important to consider who can access these accounts when you pass away, and what they should do with them.  

Lawyers provide their clients with legal advice whenever needed. A ‘lawyer’ is a general term used when referring to people who represent clients in court and practice law. In more detail, 'Barristers' represent clients in open court and can appear at the bar, while ‘Solicitors’, are permitted to conduct litigation in court but cannot plead cases in open court.

The home sharing market seems like it could be an easy way to supplement one’s income.  However, one should not jump into the market without first getting legal and tax advice.  Proponents of home sharing make it seem easy.  But you need to consider the issues: Municpal Regulation, Site-Specific Regulation, Financing and Insurance, Income Taxes, HST...

Remember, home sharing and short-term rentals, even if in your primary residence, are commercial operations.  Treat them as such and get advice.

At McMaster, McIntyre & Smyth, LLP, we’re proud of the work that we do. But, instead of telling you why our customers love us, we’ll let them do the talking! Here’s what some of our customers are saying about us lately:

“Who is your spouse?”.   For many, it is a trick question because under Ontario law, a person may be your spouse for one purpose but not your spouse for another purpose and someone you thought is no longer your spouse may still be your spouse.

We are delighted to announce the launch of our new website!

Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer. 

New Website Coming Soon!

Purchasing a home is now more affordable due to recent government initiatives to assist first time home buyers. The Federal and Ontario governments have initiatives to assist first time home buyers. These include: New! - The Federal government announced in its 2009 budget the new Home Buyer Tax Credit for the 2009 tax year. If the proposal is enacted by Parliament, the credit will be worth up to $750 (15% of eligible expenses up to $5000) to offset the closing costs associated with the purchase of a home by first time home buyers. If there is more than one first-time home buyer,…