It’s that time of year again. Listening to the jazz classic Autumn Leaves by Nat King Cole and watching those autumn leaves of red and gold drift by my window, I’m thinking about the thousands of Canadian snowbirds finalizing their travel plans. If you have older people in your family who like to winter in sunnier climates, have a conversation about some of the key items they should have in….
Snowbirds and Smart Travel Plans Continue Reading »
Smart AgeingThis blog has been written by Darren Lund, Partner, at Fasken LLP, Toronto For estate planners, when a client tells us that they are moving to another province or country, a number of planning issues immediately come to mind. What does the move mean for the client’s will and powers of attorney? How will the move impact an existing trust or corporate structure? And, of course, what are the tax….
MOVING TO A NEW JURISDICTION? DON’T FORGET ABOUT YOUR MARRIAGE CONTRACT! Continue Reading »
Estate Planning, Family Conflict, Practice Management, Wills
This blog post was written by: Derek Hambly, Estate and Trust Consultant, Scotiatrust London When it comes to estate planning, there are a number of assets that ring an alarm bell. The “family cottage” is a big one, and I have written a few articles about dealing with family cottages. Another is the “Florida condo”, and this type of asset has come up many times in recent years as more….
The Florida Condo Continue Reading »
Estate Administration and Probate Applications, Estate Planning, Real Estate, United States, Wills
In Thiessen v. Thiessen Estate, the Court of Appeal confirmed that the Trustee Act’s two-year limitation period governs all claims against estates arising from the deceased’s actions, even when those claims involve real property (with limited statutory exceptions). Background The Plaintiff/Respondent was the husband of the Deceased. The Husband and the Deceased were married in 2014. Before they were married, each owned their own home. They decided that, after marrying,….
Does anyone know the current processing time for probate applications in ? Fill in the blank with the Ontario court location of your choice – it is a question that comes up frequently in our network of estates law clerks. So I was interested when I saw two recent articles in The Globe and Mail: “Even with a will, probate wait times can be all over the map” and….
The Hidden Work Behind a Probate Application Continue Reading »
Estate Administration, Estate Administration and Probate Applications, Executors, WillsIndependent post-secondary scholarships are one of the biggest new trends in philanthropy – and one of the oldest structures. Ever since education became a core charitable purpose, providing students with access through financial aid has been a widespread charitable activity. Educational institutions have thousands of endowed scholarships, many of them that attract estate donations. What’s different now? New Players The difference is the emergence of independent scholarship foundations. Let me….
The Modern Scholarship Foundation Continue Reading »
Philanthropy/Charitable Giving