Before adding your adult child to your bank account for “convenience” or to save probate fees, read this…..
More on the perils of joint accounts Continue Reading »
Estate Planning, Family Conflict, In the News, Joint TenancyThe internationally acclaimed television series Downton Abbey introduced many people to Britain’s past inheritance laws. The practice of primogeniture is no longer British law but still remains an inheritance model for Britain’s major landowning families. A new survey conducted for Country Life last week, shows an emerging change in succession attitudes to relax the enforcement of the primogeniture model to transfer land and title. Only 16% of the major landowning families surveyed strictly implement the practice of primogeniture…..
Downton Abbey and Britain’s Changing Attitudes towards Succession Continue Reading »
Estate Planning, In the NewsDoes the Will provide for charitable donations or bequests? If properly documented, they may represent tax deductions to the Estate.
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TAX DEDUCTIBILTY OF CHARITABLE DONATIONS THROUGH THE WILL Continue Reading »
Canada Revenue Agency, Charitable Giving, Estate Administration, Estate Planning, Executors, Philanthropy/Charitable GivingWhen making testamentary or inter vivos gifts, parents sometimes want to ensure that provision is made for the spouses of their children, whether it is by including such individuals as potential beneficiaries of trusts or as recipients of outright gifts. ….
Specificity Matters: Defining “Spouses” for Estate Planning Purposes Continue Reading »
Estate Administration, Estate Planning, Spouse, WillsThere is a tremendous responsibility in caregiving and it can also bring reward and satisfaction. While there is a sense for many, that ‘no one can do it better’ this journey can also be isolating…..
For Richer or Poorer in Sickness and In Health….Who Will Be the Caregiver? Continue Reading »
Estate Planning, Geriatric Care Management, In the News