Kormans Legal Blog

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  • In an ever-changing lending market, especially for residential mortgages at this time, it very important to discuss certain points with your mortgage broker and/or mortgage lender prior to signing a mortgage commitment so that you put yourself at an advantage as much as possible during the term of your mortgage loa...
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  • As lawyers we are part of the estate planning process that assists in securing the financial future of clients and their relatives with disabilities while ensuring their eligibility for provincial government benefits. A Henson Trust is a specialized trust designed to provide financial security for individuals with...
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  • Homeowner Protection Act, 2024
    • Created by Kormans LLP

    Homeowner Protection Act, 2024 (HPA) came into force in Ontario on June 6, 2024. This legislation aims to enhance the protection of homeowners and buyers. In particular the HPA is expected to be beneficial for vulnerable segments of the population such as seniors, who now have some legislative protection against predatory ...
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  • As wills/estates lawyers practicing in Ontario, we understand the evolving needs of our clients and the importance of cultural competence in meeting those needs. Estate planning, especially testamentary disposition, goes beyond mere legal documentation; it encapsulates an individual's foresight, decision-making, and dire...
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  • When organizing your estate affairs, we recommend to all our clients to seek professional advice from a certified insurance advisor, accountant, and financial planner, in addition to a wills & estates lawyer. This collaborative approach ensures a more well-rounded and effective estate plan. In devising a strat...
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