Last time, I wrote about filing deadlines for terminal returns and how these deadlines need to be respected to avoid penalties and interest on taxes owing. What if you don’t have sufficient information to file and the deadline is looming?
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TERMINAL RETURN ESTIMATE Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Executors, InterestIf a testator anticipates that disappointed beneficiaries may possibly contest his Will following his death, he may wish to include a “no contest” clause in his Will. ….
You Fight, You Lose: Adding No Contest Clauses to Wills Continue Reading »
Estate Planning, WillsAs it is still January and ‘Do Not Forget’ it is Alzheimer’s Month, I will continue blogging on issues relating to living and dying with a dementia…..
Remember: It is still Alzheimer’s ‘Do Not Forget’ Month Continue Reading »
Elder Care, Geriatric Care Management, In the NewsA few years ago, I met a couple who had served as co-executors for an aunt’s estate. This aunt had left a large residual bequest to three well-know charities. Her executors were quite bitter about the way the charities had handled the bequests. The charities had the temerity to question the executor fees and demand that there be a passing of accounts. Upon reflection, I was struck not by the….
The Demanding Charitable Beneficiary Continue Reading »
Estate PlanningA recent decision of the Ontario Superior Court sentences an estate trustee to a lengthy term of incarceraction, without the possibility of parole, for contempt of court…..
An Estate Trustee’s Imprisonment, Without Possibility of Parole Continue Reading »
Estate Administration, Estate Administration and Probate Applications, Estate Litigation, Executors, Passing Of Trustees’ and Executors’ Accounts