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The Importance of Due Diligence in a Business Acquisitions
If you are buying a business, it is essential to engage in proper due diligence. Many people do not fully understand the purpose of due diligence or what it entails. In a business acquisition, due diligence may be the critical factor that allows you to determine whether you\’re buying a profitable business or a lemon.
Ontario’s Corporate Record-Keeping Requirements
It can be easy to forget all the legal obligations you have as a corporate owner. We are not talking about taxes, which are always with us. With your incorporation comes reporting and record-keeping requirements that never go away. Do you know what those requirements are?
What Happens if You Die Without a Will?
In Ontario, if you die without a will your property is distributed in accordance with intestacy rules set out in Part II of the Succession Law Reform Act (Ontario) (the “SLRA”).
Under the SLRA rules, who gets your property after you die depends on whether you’re married and how many children you have.