To incorporate, or not to incorporate, may be one of the first questions you consider when setting up your new business. Before jumping to the conclusion that you should incorporate your business right out of the gate, you may wish to consider the pros and cons of operating your business (at least for some initial period of […]
The use of multiple wills by Ontario business owners can significantly reduce the amount of estate administration tax (commonly known as probate fees or probate tax) that may otherwise be payable by the business owner’s estate. Probate is the legal process by which a court confirms the authority of an executor (estate trustee) to deal […]
For those who may have forgotten, the relatively new Canada Not-for-Profit Corporations Act (CNCA) came into force in the fall of 2011. Among other things, the CNCA replaced Part II of the Canada Corporations Act (CCA), which previously provided corporate governance rules for federal not‑for‑profit organizations for close to a century. Federal not-for-profit corporations incorporated […]
The materials on this website are for general informational purposes only, do not constitute legal advice, and should not be relied upon as a substitute for obtaining actual legal advice from a lawyer. Accessing or using any materials on this website does not create a solicitor-client relationship, and Christopher Toal does not accept any liability resulting from use of this website.