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Paid legal consultation — $199 per half-hour (CAD). Includes a short no-charge intake call to confirm we can help

Trust declaration lawyers serving Willmott

Trust Declarations & Estate Planning in Willmott, Milton

Ontario families hold property in other people's names constantly — a parent on a child's title for financing, a sibling holding a property for the family, a corporation holding land for its shareholder. Without a trust declaration recording who truly owns what, those arrangements become disputes: on separation, on death, and with the CRA.

Paid legal consultation — $199 per half-hour (CAD). Includes a short no-charge intake call to confirm we can help

Trust Declarations questions from Willmott

What is a bare trust, in plain terms?+

A person on title (the trustee) holds the property purely for someone else (the beneficial owner), with no discretion of their own. The declaration is the paper proving the arrangement — dated when it began, not reconstructed years later.

Mom is on title so we could qualify for the mortgage. Problem?+

Only if it is undocumented. A declaration recording that she holds her interest in trust for you protects the house from being treated as her asset — on her death, in her separation, or against her creditors — and clarifies tax treatment.

Do trusts have tax filing obligations?+

Trust reporting rules have expanded in recent years and change — filing questions belong with your accountant, and we coordinate directly with them so the legal documents and the filings tell the same story.

Can a declaration be signed years after title was taken?+

A late declaration confirming a genuine original arrangement is better than nothing — but contemporaneous documents are far stronger. If you are setting up such a title in Willmott now, paper it now.

Talk to a lawyer about trust declarations today

Paid legal consultation — $199 per half-hour (CAD). Includes a short no-charge intake call to confirm we can help. Billed time is confirmed with you before it begins. Meet us by Google Meet video call or in person at 25 Watline Avenue, Unit GR21, Mississauga. Monday to Friday, 9:30 AM – 7:00 PM.