Jamie Gilmore

An experienced and innovative estates administration and litigation lawyer serving clients (including other lawyers) throughout Ontario.

[Jamie Gilmore @JamieMGilmore]

An Attorney acting under a Power of Attorney for Property is required to be careful with investments. Learn why here https://t.co/XqTIoYKIxG

[Jamie Gilmore @JamieMGilmore]

Contrary to popular belief, the government does not automatically take the assets of a person who dies without a will leaving no spouse or children to inherit. https://t.co/oDAoLbpMRT #nowill #inheritance

[Jamie Gilmore @JamieMGilmore]

Mortgage financing ... Stress Test rules apply to all six of Canada’s chartered banks. It does not apply to credit unions and other lenders, although some of them are also following the Stress Test rules. https://t.co/2d9qxvX18E #mortgages #qualify

[Jamie Gilmore @JamieMGilmore]

A Trust can be used as a vehicle to avoid probate fees payable upon the death of a person. If a Trust is created that is irrevocable the Trust does not form part of the deceased’s estate. https://t.co/YnIvhKkqtG #estateplanning #probatetax #inheritance

[Jamie Gilmore @JamieMGilmore]

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? https://t.co/0KVOoM44u9 #EstatePlanning #EstateAdmin #Beneficiary #EstateAssets

[Jamie Gilmore @JamieMGilmore]

Planned or charitable giving is a unique opportunity to “have your cake and eat it too”. https://t.co/7ztZUnwJse
#estateplanning #charities

[Jamie Gilmore @JamieMGilmore]

Executors and the beneficiaries of an estate may panic when they discover the deceased’s original Will has been lost or destroyed or they just cannot find it. https://t.co/CAUBsesCx5 #lostwill #legaloptions #estateadmin #estateplanning

[Jamie Gilmore @JamieMGilmore]

https://t.co/A0suS9tLhd There are ways to prompt a person who may have a claim against an estate to make the claim in a timely manner so the “winding up” of the estate can be completed #outstandingclaims #estateadmin #distributionofestate

[Jamie Gilmore @JamieMGilmore]

The amount of income support you can receive from ODSP is directly affected not only by a person’s income, but also the assets they own. Learn more here https://t.co/bVbesA4hL6

[Jamie Gilmore @JamieMGilmore]

https://t.co/nJ9IXHYh9R If you become incapable and you do not have a Power of Attorney for property that survives incapacity the Ontario Public Guardian and Trustee will be “Statutory Guardian”. #estateplanning #poa #will #statutoryguardian

[Jamie Gilmore @JamieMGilmore]

Another way Gilmore and Gilmore offers remote service to clients is through Dropbox. A storage platform that allows access to files whether you are on a network or a cell phone system. https://t.co/E7fxKMw3En #remotelaw #lawathome #stayingconnected

[Jamie Gilmore @JamieMGilmore]

Using Basecamp allows Gilmore and Gilmore staff to work remotely. We are also able to include our clients in this virtual world increasing the safety, speed and efficiency of communication with them. https://t.co/QgD1WWD6lR #virtuallaw #remotemeetings #estatelaw

[Jamie Gilmore @JamieMGilmore]

A Will does not usually have the details of the assets in it. There is a good reason for that. If you list the assets in the will, the will has to be changed when assets are acquired or disposed of. https://t.co/PduBBFDwpm #estateplanning #estateadministration

[Jamie Gilmore @JamieMGilmore]

Beneficiaries may force the disclosure of the estate accounting as well as information related to the value of the estate from the date of death to the date of distribution. https://t.co/qC73DhoF5R #estateaccounting #estateadministration #beneficiaries

[Jamie Gilmore @JamieMGilmore]

Bequeathing a farm in your Will? HST is often applicable on farmland inheritance. For HST not to be paid on such a transfer, certain conditions must be satisfied. https://t.co/7eaRrh3CzA #estateplanning #inheritance #farming #agriculture

[Jamie Gilmore @JamieMGilmore]

Inherited property and possessions are considered to be assets of a person receiving ODSP; their value can be included in the calculation of income in the month they are received. There are some situations where they may be exempt. https://t.co/smRKMEZ6XU #odsp #inheritance

[Jamie Gilmore @JamieMGilmore]

A Will has to be in writing. Simply telling someone your wishes is not legally binding and is not considered a Last Will and Testament. https://t.co/gzlJdAPW58 #wills #estateplanning #estateadministration

[Jamie Gilmore @JamieMGilmore]

When you are legally divorced in Ontario, the appointment of your spouse as estate trustee or naming your spouse as a beneficiary is revoked. This does not apply if you are separated, but not divorced. Learn more https://t.co/U0Wn87XQeg #estateplanning #divorce #separation

[Jamie Gilmore @JamieMGilmore]

Parents are open to make a direction as to who should become temporary guardians of their children. However, there are limitations to a parent’s ability to make such an appointment. https://t.co/I8zsRCaIlg #estateplanning #guardianship #willandestates

[Jamie Gilmore @JamieMGilmore]

There are many positive reasons to incorporate your business or professional practice. The main reason lawyers recommend clients consider incorporating is to limit personal liability with respect to the corporation’s actions. https://t.co/s2fPxtYoFp #businesslaw #incorporation