Gavin Howe
GRR Law is a boutique law firm located in Toronto, Ontario, Canada. The firm has been practising for over 55 years and has expertise in the fields of wills and estates, real estate, and corporate law. GRR Law is committed to providing excellent client service with a focus on quality and personal service. The firm offers a range of legal services, including buying or selling property, power of attorney, guardianship, estate and tax planning, and corporate filings. GRR Law values the privacy of its clients and site viewers, and any personal information collected is kept confidential.
| Characteristics | Values |
|---|---|
| Name | Goldstein, Rosen & Rassos |
| Location | Don Mills, Toronto, Ontario |
| Expertise | Wills & Estates, Real Estate, Corporate Law |
| Experience | Over 55 years |
| Services | Buying/selling property, power of attorney, guardianship, estate/tax planning, business incorporation, corporate filings, residential/commercial real estate, financing/refinancing mortgages, mortgage discharges/extensions/amendments, title insurance |
| Website | www.grrlaw.ca |
| Contact | Tel: 416 757-4156, Fax: 416 757-9318, Email: [email protected] |
| Privacy Policy | Personal information kept confidential, not shared with third parties without consent, domain information collected for site improvement |
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Real Estate Law
The Goldstein, Rosen & Rassos (GRR) Law Firm in Toronto has over 55 years of experience in real estate law. The firm's real estate services include guiding clients through the entire real estate deal, from the initial agreement to closing, for residential and commercial purchases or sales. GRR also provides commercial real estate services, including commercial purchases, sales, and mortgage transactions.
In terms of ownership, an estate indicates an interest in real property of a particular type or duration and can be either freehold (indefinite duration) or leasehold (fixed duration). Fee simple is the most common form of freehold ownership, equivalent to ownership. A “leasehold” estate, on the other hand, is derived from a lease from the freehold owner and does not constitute full ownership rights.
Transactions relating to registered real estate in Canada can be completed electronically, and information on ownership can be accessed in most provinces. A transfer of registered ownership is effected by the registration of a transfer or deed.
Additionally, case law in Canada has established that a buyer who breaks a real estate deal is liable for the deposit and may be forced to pay additional damages to the seller. For example, in Tang v Zhang (2013 BCCA 52), the British Columbia Court of Appeal reaffirmed this principle, holding that a buyer who failed to complete the transaction forfeited their deposit.
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Corporate Law
GRR Law is a Toronto-based law firm that provides expertise in corporate law, in addition to wills and estates and real estate law. The firm, formally known as Goldstein, Rosen & Rassos, has over 65 years of expertise in corporate law.
Canadian corporate law concerns the operation of corporations in Canada, which can be established under either federal or provincial authority. Corporations Canada is Canada's federal corporate regulator and operates under Innovation, Science and Economic Development Canada. It is responsible for administering laws regarding the incorporation of Canadian businesses, as well as corporate laws governing federal companies (excluding financial intermediaries).
The Canada Business Corporations Act (CBCA) is a key piece of legislation that governs the formation and operation of for-profit corporations in Canada. The CBCA provides for the formation of corporations by articles of incorporation, which can include different classes of shares and the right to elect separate directors.
In addition to federal laws, each Canadian province and territory has its own laws permitting and governing the incorporation of corporations within its jurisdiction. The choice between incorporating federally or provincially depends on various business considerations, such as the scope of business and the applicability of specific rules under different corporate statutes.
GRR Law's corporate lawyers assist clients in understanding and adhering to these laws and regulations, ensuring their corporations are properly structured. They offer a range of corporate and commercial legal services, including legal and strategic advice, drafting and negotiating business transactions, and assisting with incorporation, business name registration, corporate filings, and partnership and shareholder agreements.
Overall, GRR Law provides valuable support to businesses operating or seeking to operate within the Canadian legal framework, helping to ensure their compliance and success in the Canadian market.
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$29.95
Wills & Estates Law
In Canada, there is no single federal law on wills and estates. Instead, each province and territory has enacted its own laws on wills, estates, and succession. These laws are designed to help testators, decedents, and heirs pursue a peaceful transition of generational wealth and prevent family disputes.
The provincial and territorial laws regulate the transfer of properties and other assets from one person to another in the event of death. They also outline the process for probate of wills and intestate succession, which occurs when someone dies without a will. Intestate succession is governed by a government formula that dictates what happens to the deceased's children and estate.
While the specific requirements vary across provinces, there are some common provisions for the validity of wills. For example, all wills except holographic wills must be physically signed by the testator in the presence of two witnesses of legal age. Additionally, the testator must not be a minor, and the witnesses must sign the will in the testator's presence. After the COVID-19 pandemic, virtual or remote witnessing has been permitted in provinces like Ontario, British Columbia, and Alberta.
It is important to note that wills and estate laws in Canada do not provide any "automatic right" for beneficiaries. Only the named executor or the lawyer holding the will of the deceased is entitled to a copy. However, named beneficiaries can request a copy from the executor and participate in probate proceedings.
The process of creating a will can be complex and confusing, and it is recommended to seek legal advice, especially for those with complex family and financial situations. Law firms such as Goldstein, Rosen & Rassos offer services in wills and estate planning, including estate distribution, tax planning, and business succession.
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Power of Attorney
A power of attorney is a legal document that gives someone you trust the right to make financial or healthcare decisions for you. This trusted person does not have to be a lawyer to be your attorney. In Ontario, it is important to have a valid Will and Powers of Attorney in place, as they are vital pieces of your Estate plan. If you die without a valid, complete Will, an intestacy is created, and the distribution of your Estate will be governed entirely by the Succession Law Reform Act. Additionally, under Ontario law, if you have not granted a Power of Attorney for Care and are unable to consent to medical care or treatment, an application may be required to the Ontario Consent and Capacity Board for the appointment of a substitute decision-maker.
You can choose to appoint two or more attorneys, and decide whether they can act alone or must act together. If you appoint more than one attorney and they must act together, consider appointing a third person or including a mechanism to resolve disputes if the attorneys cannot agree. You can also appoint alternate or successive attorneys. Having two or more attorneys could reduce potential fraudulent use of a power of attorney. It is important to review your power of attorney document regularly to ensure it still meets your current needs and the requirements of the law. The person you previously selected may no longer be the best choice or may no longer be available.
A general power of attorney allows your attorney to look after your affairs if you are away temporarily or need help managing your affairs. An enduring power of attorney allows your attorney to continue looking after your affairs if you lose your mental capacity. If you lose your mental capacity and do not have a valid power of attorney document in place, someone will need to get authority from the court to manage your money. Your attorney must manage your money and property for your benefit and can be required by law to account for and explain how they are managing it.
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Estate Planning
A proper estate plan minimises tax liabilities and clearly distributes assets to intended beneficiaries. It is important to have a valid will and powers of attorney in place, as they are vital components of an estate plan. A power of attorney allows a chosen individual to manage financial affairs if an individual becomes incapable.
In Canada, a will can appoint a guardian for minor children, and the Children's Law Reform Act allows the appointment of an individual to take care of and manage a child's inherited property. Trusts are also a common tool used in estate planning. They allow individuals to avoid the probate process, where will contents are made public. A revocable living trust is the main type used, which can be altered or revoked at any time during one's lifetime. Trusts can provide asset protection, tax minimisation, and ongoing financial support for dependents.
For common-law partners in Canada, estate planning is especially important as they do not have automatic inheritance rights. Each province and territory defines "common law" differently, but generally, a significant period of cohabitation is required. Trusts can be beneficial for common-law couples, offering asset protection, tax minimisation, and care for dependents.
Goldstein, Rosen & Rassos (GRR Law Firm) in Toronto offers estate planning services, including will and codicil preparation, powers of attorney, guardianship, and tax planning. Their solicitors assist with complex issues such as business succession and trust creation, providing tailored advice to meet family and tax planning objectives.
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Frequently asked questions
GRR Law, or Goldstein, Rosen & Rassos LLP, is a boutique law firm located in Toronto, Ontario.
GRR Law specializes in wills and estates, real estate, and corporate law.
GRR Law is located in Don Mills, Toronto, Ontario, at 18 Wynford Drive, Suite 316, Toronto, Ontario M3C 3S2.
You can contact GRR Law by phone at 416 757-4156, by fax at 416 757-9318, or by email at [email protected].
