About Us
Gilmore & Gilmore Professional Corporation established in 1986 is based in Alliston, Ontario, Canada. We are specialists in Wills, Powers of Attorney, Estate Law, Estate Litigation and offer extensive Estate Administration Services. Our Real Estate team handles a broad range of deals with a strong reputation for handling complex situations quickly and effectively.
Author Archives: gg_admin
New Mortgage Stress Test – Buyer Issues with Mortgage Financing
BUYER ISSUES WITH MORTGAGE FINANCING With Canadians taking on ever bigger mortgages, the Federal Government introduced new “Stress Test” mortgage rules in 2018. In addition to financially qualifying for your mortgage now, you must also qualify for the amount of … Continue reading
Posted in Blog
Comments Off on New Mortgage Stress Test – Buyer Issues with Mortgage Financing
Estate Planning – Joint Assets with Children
CONCERNS WITH JOINT ASSETS WITH CHILDREN FOR ESTATE PLANNING PURPOSES Clients often ask us to transfer their assets (including their house) so that it is held jointly between them and one or more of their children. Transferring your assets into … Continue reading
Posted in Featured
Comments Off on Estate Planning – Joint Assets with Children
Beneficiary Rights …
WHAT ARE A BENEFICIARY’S RIGHTS? If you are the beneficiary of an estate, what information should you expect from the executor / estate trustee and what happens from your perspective as a beneficiary? First of all, in Ontario there is … Continue reading
Posted in Blog
Comments Off on Beneficiary Rights …
Cloud Based Storage using DropBox
DROPBOX ALLOWS REMOTE ACCESS TO ALL YOUR FILES DropBox is cloud based storage for your computer. With a DropBox account you can save your office files to DropBox and then access those files from home or anywhere else you might happen … Continue reading
Posted in Featured
Comments Off on Cloud Based Storage using DropBox
Trusts and Their Use in Estate Planning
TRUSTS AND THEIR USE IN ESTATE PLANNING Trusts are similar in function to a gift left to someone in a Will, except that Trusts can be set up either within a Will or while the “settlor” (the person creating the … Continue reading
Posted in Featured
Comments Off on Trusts and Their Use in Estate Planning
Selling and Buying a House on the same day
TO AVOID CLOSING DELAYS, CONSIDER BRIDGE FINANCING It is common for people who are selling a house and buying a replacement home to have both deals close on the same day. This can sometimes result in closing delays. Your sale … Continue reading
Posted in Featured
Comments Off on Selling and Buying a House on the same day
Estate Planning – Incorporating Your Business
INCORPORATING YOUR BUSINESS AS AN ESTATE PLAN There are several aspects of incorporating your business that can become important when estate planning is considered. The structure of your business incorporation and your plans for your shares after your death should … Continue reading
Posted in Blog
Comments Off on Estate Planning – Incorporating Your Business
Corporate Executor – When to Use One
IS A CORPORATE EXECUTOR RIGHT FOR YOU? When you prepare your Will you will need to select one or more executors to administer your estate . People will often select their spouse as their initial executor and their children as their alternate … Continue reading
Posted in Blog
Comments Off on Corporate Executor – When to Use One
