What to do with unused capital losses – here is another opportunity to save taxes
Month: November 2010
So you are a Canadian citizen and resident, surely ‘Uncle Sam’ has no right to your Estate on your death. Unfortunately ‘Uncle Sam’s’ arm – his estate tax arm that is – can reach across the border to impose taxes on the Estate of a non-resident/non-citizen of the United States.
Many families will be traveling this week for the American Thanksgiving holiday. If you live in a different city than your parents, the time spent together during the holiday can allow you to see how well they are managing. Be aware of the small things and things that are different.
Will courts order DNA tests in estate matters?
There are two types of charitable giving: personal and social. Gifts that are part of the estate plan are typically a form of personal giving. By contrast, most traditional charity fundraising uses a social giving model. Both are equally important, but it is helpful to make the conceptual distinction when helping clients to include philanthropy in their estate plans.
Not a happy day for respondent beneficiaries where a rectification application they opposed was granted and the court then ordered that they pay the costs of the applicant personally. Estate litigation is no cake walk.
As we all know, the more you earn the more you pay in tax. There may be an exception to this norm on death when amounts are due to the deceased at the time of passing.
When making charitable gifts by Will, many donors wish to ensure that their gift has a long-term meaningful impact that will enable charitable activities to be carried out long after their deaths.
Retirement and the older worker, what can employers do to help?
The Long Term Care Homes Act, 2007 replaced three statutes and provides clarity and reform in this increasingly important area of the law.