Entries by Geoff Rabideau

Planning for Vulnerable Persons: Protecting Loved Ones Through Trust and Estate Planning 

October 27, 2025 in /by

At Rabideau Law, we’re proud to feature a special contribution from Blair L. Botsford, Principal at Botsford Law, as part of their Well-Squared Estate educational series.  In this edition, Blair explores an important topic that touches many families: planning for vulnerable persons — including those with disabilities, illnesses, or circumstances requiring long-term financial care and protection.  Who Is Considered a “Vulnerable Person”?  Vulnerability can take […]

Credit Bids and CRA Landmines: Getting the Adjusted Cost Base Right

October 24, 2025 in /by

When a secured lender “credit bids” and takes title to collateral through a CCAA vesting order, two tax questions matter immediately: The short answer In the Balboa CCAA, for example, the court approved credit-bid vesting orders on multiple properties — the archetypal fact pattern for this tax treatment. Why the ACB is the credit-bid amount […]

Director Resignation, Shareholder Deadlock, and Corporate Paralysis in Ontario: What You Need to Know

October 21, 2025 in /by

Running a corporation in Ontario comes with important obligations under the Ontario Business Corporations Act (OBCA). While most business owners focus on sales, contracts, and operations, the governance structure — directors and officers — is what allows a company to legally function. But what happens if a director resigns, leaving the corporation without leadership? And […]

Tarion Warranty coverage after you close

October 2, 2025 in /by

This is an overview of warranty coverage after closing for Freehold, Contract and Condo Units  A note for Common Elements coverage For most condominiums, the common elements have the below warranty coverage.The condominium corporation is entitled to submit warranty claims for defects in work or materials in the common elements. There is no warranty coverage […]

Transfer of Real Estate Between Trustees in Ontario

September 26, 2025 in /by

When real estate is held in trust, there may come a time when the trustee needs to be changed—due to resignation, incapacity, death, or a planned transition. In Ontario, transferring real property from one trustee to another involves specific legal procedures to ensure title remains properly held in trust and the Land Titles records stay […]

Mortgage Defaults and Enforcement in Ontario: What You Need to Know About Power of Sale, Foreclosure, and Credit Impact

September 15, 2025 in , /by

The Early Signs: Late or Skipped Payments Missing a mortgage payment doesn’t automatically trigger enforcement, but it does start a chain of potential consequences: Impact on Credit: The first missed payment can drop a borrower’s credit score by 80–100 points. These notations (e.g., M2 or R2) remain on a borrower’s credit report for six years. […]