Nika News

How Often Should You Update Your Will? A GTA Guide

0 comments
Client updating estate plan and will documents with Mississauga and Etobicoke estate lawyer

A will is not something meant to be written once and forgotten, though it’s treated that way by plenty of people. In many cases, a document drafted a decade ago is, in a way, no longer reflective of a person’s family, assets, or wishes at all. Life changes; marriages happen, children arrive, properties get sold. As it turns out, most estate plans are reviewed only after something has gone wrong, a fact that’s often discovered by families during probate. So the real question isn’t just how often a will should be updated, but what actually triggers the need, bit by bit, over time.

Read More

Common Estate Planning Mistakes Families Should Avoid

0 comments
Common estate planning mistakes to avoid for Ontario families

Estate planning errors are found far more often than families tend to expect, and the consequences are usually felt at the worst possible time. A will left unchanged after a second marriage, a power of attorney signed without proper advice, a beneficiary designation that was never filled in; these are the kinds of oversights that quietly build into serious problems. As it turns out, many of these mistakes aren’t made out of carelessness. The process simply wasn’t explained clearly enough, and that gap tends to cost families more than money, though exactly how much more is something that varies, quite a bit, from one situation to the next.

Read More

It’s Make a Will Month!

0 comments
Toronto Yorkville Library

It’s Make a Will Month! Jack Fallon from NIKA LAW will be giving free presentations to the community about Wills and Power of Attorney documents…

Read More

Where should I store my Last Will?

0 comments
Safety Deposit Box for Will storage

Where should I store my Last Will? By: ADAM DE LUCA A Will is one of the most significant documents you will…

Read More

MARRIAGE NO LONGER REVOKES A WILL

0 comments
MARRIAGE NO LONGER REVOKES A WILL - Nika Law

MARRIAGE NO LONGER REVOKES A WILL By: Kavina Nagrani,  Following the Ontario Government’s passing of Bill 245 in April 2021, the Accelerating…

Read More

ARE YOU A FRUSTRATED EXECUTOR? IT’S TIME TO HIRE AN ESTATE LAWYER

0 comments
estate lawyer Mississauga

ARE YOU A FRUSTRATED EXECUTOR? IT’S TIME TO HIRE AN ESTATE LAWYER By: Kavina Nagrani, JD, TEP Somebody you know has unfortunately…

Read More

De-Mystifying Estates Law Terminology—Part I of II

0 comments
wills, estates, POAs, NIKA LAW, Kavina Nagrani, Estates Lawyers, Best Estates Lawyers

By:  Kavina Nagrani, Associate  “No, Client A, the government does not receive all of your assets automatically if you die without a…

Read More

Do I need a Business Will?

0 comments
Business Will

Do I need a Business Will? By Kavina Nagrani, JD, TEP  When can a Secondary or dedicated Business Will work to your…

Read More

Racist Wills

0 comments
Wills, Articles, Lawyers, Racist

Racist Wills NIKA LAW Associate Giancarlo Mignardi is featured in The Lawyer’s Daily in this interesting read. We are living in a…

Read More

NIKA LAW LLP