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Legal aid services and estates law Monday, May 10, 2021 @ 8:42 AM | By Kim Gale and Malvin Seto Legal Aid Services Act (LASA) received royal assent in July 2020 as part of the Smarter and Stronger Justice Act. The LASA is a step forward to modernize the legal aid framework for low-income Ontarians through a shift from a regulatory regime to giving Legal Aid Ontario (LAO) more flexibility to develop and adapt its own rules, policies and services that better serve low-income Ontarians. Why is the LASA relevant today? The LASA gives LAO the power to set its own rules. On April 8, 2021, LAO released a statement indicating that it had created the rules to support the implementation of the LASA. A large part of its modernized approach asks for feedback from the private bar, clinics, other service providers and stakeholders. This feedback period is open from April 2, 2021, to May 20, 2021. You can provide your feedback for the LAO draft rules here. ....
3 The key changes to the Estates Act are discussed below. A Small Estate is Set at $150,000 A small estate will mean an estate that does not exceed $150,000 in value. It should be noted that the introduction of small estates will have no impact on the calculation of the Estate Administration Tax (often called, probate fees ) under the Estate Administration Tax Act 4 and the filing requirement of an Estate Information Return within 180 days following the grant of probate. Simplified Probate Process for Small Estates A new probate proceeding for small estates will be available to Estate Trustees. The new procedures under the Rule 74.1 ....
To print this article, all you need is to be registered or login on Mondaq.com. The past twenty years of securities litigation shed light on what businesses involved in Canada s capital markets can expect in the future. Whether the cases involve issuers of securities or dealers and advisers in securities, experience demonstrates that trends in securities litigation are driven by the state of the economy, investment product innovation and related regulatory initiatives. These key drivers tell us that, in looking to 2021 and beyond, Canadian securities market participants can expect to be subject to claims influenced by the COVID-19 related market turmoil and ....