If you are struggling with debt, a day probably never goes by when you are not thinking about your financial challenges. If you are considering bankruptcy to help you manage your financial situation and have your unsecured debts wiped away, there are some significant...
Toronto, Ontario Law Blog
Young, unmarried or no kids? You should still have an estate plan
On Behalf of Clark Farb Fiksel LLP | Jan 24, 2023 | Estate Law
People often make the mistake of thinking they only need an estate plan if they have kids, a sizable estate or are nearing retirement. However, the fact is that every adult can benefit from having this type of protection in place. If you are a young adult A survey by...
Should I file for bankruptcy?
On Behalf of Clark Farb Fiksel LLP | Nov 29, 2022 | Bankruptcy
The answer to the question in the headline, perhaps frustratingly, is maybe. Filing for bankruptcy can provide incredible relief to some consumers struggling with debt, but it is not the right solution for everyone. If you are wondering whether you should file for...
Estate plans: When ‘one-size-fits-all’ does not fit you
On Behalf of Clark Farb Fiksel LLP | Jul 26, 2022 | Estate Law
Making decisions regarding complicated, sensitive topics like end-of-life care and what you want your legacy to me is no easy task. While there are tools out there that can make it easier for you, not all shortcuts help you get where you want to go. As discussed...
Signs your parent is a victim of undue influence
On Behalf of Clark Farb Fiksel LLP | Apr 12, 2022 | Estate Law
Losing a parent is painful, even if you were not on the best terms with them or were not as close as you might have liked. And the situation can become even more upsetting if you or someone else in your family suspects your parent was the victim of undue influence...
Important considerations when it comes to trusts
On Behalf of Clark Farb Fiksel LLP | Jan 20, 2022 | Estate Law
Trusts are valuable tools for many Canadians. However, people often overlook them when they are making other estate planning decisions. If you are looking ahead and making plans for your legacy, a trust could be an essential part of your goals. Do I need a trust?...
Don’t fall for debt relief scams
On Behalf of Clark Farb Fiksel LLP | Jan 7, 2022 | Debts
Money problems are not something Canadians typically advertise. They may not want to talk about their financial troubles or reach out for help, and they may struggle with feelings of embarrassment and desperation. Unfortunately, being in this position makes them...
Tips for talking to your kids about their inheritance
On Behalf of Clark Farb Fiksel LLP | Aug 25, 2021 | Estate Law
One of the most critical elements of both your legacy and estate plan is what you leave to your children. Preparing them for what they will or will not receive can make the transfer of wealth less contentious and maximize the financial gifts you leave behind....
Estate planning at every age
by Clark Farb Fiksel LLP | May 18, 2021 | Estate Law
People often assume estate planning is something you only need to worry about if you are sick or older. However, having a will and other estate planning documents can be beneficial for adults of any age. In your 20s and 30s You may not have valuable property or...
Can you negotiate your way out of debt?
On Behalf of Clark Farb Fiksel LLP | Feb 23, 2021 | Bankruptcy
Carrying debt is stressful, but most Canadians have at least some financial obligation. It could be from a mortgage or credit card bills or student loans, but whatever type of debt you might have, you could be struggling to pay it down. Too often, people in this...
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