Varity Law Blogs

When someone passes, most of their assets will be immediately frozen. Their executor or his/her lawyer must apply for Court approval to get the assets unfrozen and passed down to the [...]

Why Everyone Should Have a Marriage Contract   Over 40% of Canadian marriages end in divorce and, without proper planning, a failed marriage will often end with intense fighting, expensive [...]

When we die, most of our assets will be frozen and will be untouchable without first getting court approval (probate), which can be time-consuming and expensive if you have a complex estate. [...]

When you are buying a property with someone else, there are three different ways of going on title, each with significantly different results. You can either own it as joint tenants with a right [...]

In Canada, most type of inheritance does not happen “automatically”. No, it’s not like on TV – the deceased lawyer reads a Will, and the beneficiaries just get their share. Instead, most assets [...]

On Dec. 15th, 2023 (last year), we got PR approval for 2 families using the spousal sponsorship program!   We are very proud, especially since the 2 families came from  completely different [...]

It is very difficult for two-income families to care for their children or elderly full-time. Looking for local help is not always the best choice. This is especially the case if their [...]

Hi everyone, this is Sabrina, a business lawyer at Varity Law. Throughout the years, we did free consultations with many entrepreneurs who suffered when buying a business. They paid high [...]

After we pass, most of our assets will be frozen, and will require Court Approval before they can be unfrozen and given to our beneficiaries.   This “unfreeze process” is done [...]

This married couple came to our office after deciding to settle down in Canada with their kids. The husband is Canadian, and the wife is American. They decided that Canada is a better country to [...]

In this successful probate case, we represented the son, who received the entire estate. When we eventually pass, all of our assets will be frozen. Our beneficiaries must apply for a Court [...]

Many property owners have the  misconception that a real estate purchase is a one-time thing, and that after you signed all the papers, it’s done.   Actually, there are 3 different ways of [...]

Hi everyone, I’m Sabrina, a lawyer at Varity Law. Recently, there are many clients who came to our office after their loved ones passed away. Upon examining their wills, we discovered that most [...]

For many types of assets, you must get Court approval, through a process called probate, before you can get your inheritance.   Recently, our firm have completed many small estates probate [...]

Do you own property in Toronto or Ottawa? If so, you may be forced to pay additional taxes and it could cost you thousands or tens of thousands, depending on the value of your property. However, [...]

This was a very difficult probate case, because there was NO will, and there was a lot of disputes between the beneficiaries.   The testator (the person who passed away) is survived by a [...]

With the ending of 2022 and the beginning of 2023, the legal team at Varity Law is giving our clients a gift: a set of simple solutions for your common legal problems. We invite you to continue [...]

What is the non-resident speculation tax (NRST) and why should I care about it? Since October 25, 2022, the NRST is a 25% tax that is charged on all purchases of residential properties located [...]

What is a Shareholder Agreement? A shareholder agreement is a document signed by two or more shareholders of a corporation that sets out many of the rules applicable to the shareholders (owners) [...]

Since COVID-19 started, we did a lot of probate applications for our clients. Throughout the process, whether or not the family did estate planning means heaven or hell for their beneficiaries. [...]

In probate applications, bond is a very important concept. If the Court requires the applicant applying to be the estate trustee to post bond, then it’s definitely bad news for them. Not only is [...]

  Through the Provincial Nominee Programs (OINP and AIPP), we got Canadian PR status for 5 families in first half of 2022!   Those families applied under the Employer Sponsored Foreign [...]

Recently, we have done a lot of probate applications for families without a Will. When distributing their corporate assets, the process became very difficult due to 2 reasons. First, some [...]

In recent years, an increasing number of people began to prioritize estate planning. An important element in this process is tax planning.   Today, Sabrina – Lawyer at Varity Law – will [...]

Many of our Wills & Estates clients are troubled by one question: when should I set up my will? If I set it up too early, what if my life changes later on? It seems too much trouble to be [...]

Sometimes, we are under the wrong impression that real estate purchases are one-time deals – we mistakenly think that the only relevant factors are the expenses and tax implications at the [...]

Trust is an important topic when it comes to Estate Planning.   However, given there are so many different types of trusts, it can come off as intimidating.   Not to worry – today, [...]

  Summary: Spousal sponsorship is a simple, fast, and affordable immigration program. Once approved, the applicant would get PR status for themselves and their children. While waiting for [...]

A very fast and simple way to get your Canadian PR status is through the Federal Express Entry. Your profile can be placed into the EE pool, and if you have enough points, you will be invited to [...]

For many families, selling an estate property fast is important, because there is  no one to take care of that property – during this time the property may become damaged and loses its value. [...]

Must you have a Will? Not necessarily.   In Ontario, estate distribution can happen automatically after death or through probate.     Automatically – this includes all assets that [...]

2022 was off to a gloomy start for many of our business clients, as Ontario government announced many restrictions such as the closing of indoor facilities. Whether we like it or not, remote [...]

With Christmas fast approaching, many of our clients are thinking about family and friends. COVID-19 have brought many uncertainties to life, and many people are now making estate planning one of [...]

Before I start, I will make a disclaimer: I’m a lawyer operating a law firm, and I’m not affiliated with any life insurance companies, nor would I benefit in any way regardless of whether or not [...]

Starting on April 1st, 2021, small estate applications became available in Ontario – this applies to any estate that have less than $150,000 in total assets and funds. This is great news for [...]

Most new property or pre-construction closings are completed on a very tight schedule. Reason being, the Builder is trying to close hundreds of units in a few weeks, and they often give last [...]

One of the few good things about the COVID pandemic is lowered mortgage interest rate for our home owners and real estate investor clients. However, most of those are in the form of variable [...]

For many, real estate properties are the biggest purchases they will ever make in their lives. Whether it’s a home for your family, or investments for a better tomorrow – the stability and [...]

On April 14th, 2021, the Minister of Immigration,  Marco E. L. Mendicino, stated a new PR program will open for international students and professionals in certain in-demand professions, [...]

As some of our readers may know, we had our firstborn on December 1st, 2020. To everyone’s complete shock, my mom was also diagnosed with pancreatic cancer on the same day. After 3 months of [...]

It’s almost Valentine’s Day. While it’s a joyous and romantic celebration for many couples – this holiday may be especially difficult for long distance lovers, as they are forced to be separated [...]

Many of our clients, after reading our blog about business structures HERE, end up choosing Corporation as their preferred vehicle to conduct business due to its limited liability and tax [...]

Varity Law is pleased to announce that we will be moving to a bigger officer on January 4th, 2021, located at Unit 203, 15 Wertheim Court, Richmond Hill. Of course, what usually accompanies the [...]

For most people, they want their immigration applications to Canada to be fast, simple, and cost-effective. Luckily, if you are foreign entrepreneur looking to start a company in Canada, then you [...]

While 2020 has been a tough year with the on-going COVID-19, many of our clients, and myself included, were delighted to found out that we are expecting. Not surprisingly, the first thing I did [...]