This is an introduction to our new semi-regular blog posts about Employment Contracts and the importance of continuously updating them. We frequently act for a wide variety of companies across diverse industries in preparing, normalizing, and updating their employment agreements, and non-employment contractor agreements. Often employers may not realize that their standard documents may not be in accordance with various aspects of the Employment Standards Act. These integral documents for an Employer and Employee are used to clearly define the
Month: June 2021
Family Trust Settlements
We have recently completed the settlement of property out of a complex Family Trust, into the ownership of the trust beneficiaries. A trust is a legal entity that can hold assets, invest, and enter into contracts with third parties. There are a number of potential benefits to setting up a trust, including reducing tax payable on death, estate planning and the transfer of wealth, and protecting assets, among others. The recent trust settlement we acted on involved a number of
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