Ontario consults on estate law reform

Author: External Author | | Categories: Accounting Firm , Accounting Services , Financial Statement Preparation , Personal Tax Services , Small Business Accounting , Tax Accountant


Ontario is considering raising the dollar value for small estates, enshrining emergency measures related to virtual document signing and repealing the section of the law that revokes a will upon marriage.

On Aug. 5, Attorney General Doug Downey sent a letter “to legal stakeholders and lawyers who practice estates law to seek feedback on ways to advance estates law in Ontario,” said a Ministry of the Attorney General spokesperson in response to questions from Advisor’s Edge.

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Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Melissa Shin

Original Article Posted on:  August 28, 2020

Link to Original Article:  https://www.advisor.ca/tax/estate-planning/ontario-consults-on-estate-law-reform/