Losing someone you love is painful enough without worrying about the legal process that typically follows. There is paperwork to file, assets to locate, creditors to pay and distributions to make. These tasks can be more complicated than one might expect, particularly...
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Tips for deciding who your substitute decision-makers will be
On Behalf of Clark Farb Fiksel LLP | Aug 25, 2020 | Uncategorized
If you are in an accident or develop a severe illness and become incapacitated, do you know who will take care of your medical, financial and personal decisions? To ensure you retain as much control as possible in these scenarios, you can appoint substitute...
How the recent rise in grey divorce affects estate planning
On Behalf of Clark Farb Fiksel LLP | May 28, 2020 | Uncategorized
The divorce rate has been on the rise across all demographics in Canada. But this trend has been particularly pronounced among couples aged 55 and over. Compared to divorces between younger spouses, so-called “grey divorces” have many unique...
4 signs of a credit counselling scam
On Behalf of Clark Farb Fiksel LLP | May 18, 2020 | Uncategorized
Struggling with debt is stressful and upsetting. When it becomes unmanageable, people can feel desperate and even ashamed. Unfortunately, those in this situation can be easy targets for credit counselling scams.Credit counselling offers people tools and solutions for...
Addressing beneficiary disputes as an estate executor
On Behalf of Clark Farb Fiksel LLP | May 13, 2020 | Uncategorized
There are numerous tasks an estate executor must complete when someone passes away, from distributing assets to filing tax returns. An executor should be ready to willing and able to fulfil these financial and legal duties.However, one task that executors may not...
Creditor harassment: What it looks like, how to stop it
On Behalf of Clark Farb Fiksel LLP | May 5, 2020 | Uncategorized
Being in debt is a stressful situation for any person. Often, debt coincides with job loss, financial missteps made many years ago and other difficult experiences. A person can be worried about losing his or her home, being unable to pay bills and taking care of...
Estate Planning Objectives
On Behalf of Clark Farb Fiksel LLP | Jul 19, 2019 | Uncategorized
Many people realize at some point or another they may need to make to will. And they may think all they need to do is leave their property and assets to their children or a trusted friend or family member.The truth is that estate planning is slightly more complicated...
How Do I Make A Will?
On Behalf of Clark Farb Fiksel LLP | May 2, 2019 | Uncategorized
It’s possible to draft a will on your own. However, it’s important to realize that a will is a binding, legal document. If done incorrectly, errors and omissions could be administered as they are written, even if its not according to how you wanted your...
Personal Bankruptcy – How Does It Work?
On Behalf of Clark Farb Fiksel LLP | Dec 14, 2018 | Uncategorized
Do you sometimes feel that you are so indebted that declaring personal bankruptcy might be the only solution? You’re not alone. Nearly a third of Canadians think rising interest rates are pushing them towards personal bankruptcy. A December 2017 Ipsos survey...
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