Summary
His youngest child was a two-year-old boy. [Mary, Lloyd] was not the mother. Lloyd sired the child with a girlfriend. His second youngest child was a 12-year-old boy. Again, Mary was not the mother. The boy's mother lived and worked in Jamaica braiding hair for a living. His third youngest child was a 13-year-old daughter. Mary was in fact the mother of that one. Lloyd appears to have lived by his own set of rules.
Under the laws of Ontario, each one of those minor children qualified as a "dependent." Left nothing under the will, each was able to bring a claim against Lloyd's estate. They did. Collectively they were able to override the will and take the contents of the estate for their own. That left Mary receiving nothing under the will.Ontario is actually different. Law-makers in that province have tried, aggressively, to do away with strategies in use to defeat the claims of dependents. They believe a dependent should never be defeated by fancy estate planning done by clever lawyers. Lloyd was lucky. His life insurance would normally have been caught in Ontario's legislative net, but one of the two policies slipped through a loophole and into Mary's hands. If life insurance is jointly owned with the beneficiary, then it is not caught by the Ontario laws.See the full content of this document
Extract
Life Insurance Valuable Tool for Estate Plans
Lloyd Obirek had six children and a wife named Mary. His pattern was the same. He had a child every few years, generally with a different mother, occasionally his wife, and appears to have covered a lot of ground.
He passed away ...See the full content of this document
Sponsored links
