June is Ontario Brain Injury Awareness Month. Seniors are the 2nd highest risk group for sustaining a traumatic brain injury (TBI)after male teenagers. What does this mean?….
June is Ontario Brain Injury Awareness Month Continue Reading »
Elder Care, Estate Planning, Geriatric Care Management, In the NewsLast week, in my blog entitled “Red Flags of Incapacity”, I mentioned that certain barriers and physical changes associated with aging can be mistaken for signs of incapacity. As professionals, we need to be able to separate these from actual signs of incapacity, and work to reduce or eliminate their effect as much as possible. These barriers include vision impairment, hearing impairment, and the beginning stages of dementia. As people….
Barriers to Communication Masked as Symptoms of Incapacity – A Reminder Continue Reading »
Capacity Law, Elder Law, Estate PlanningHuguette Clark died on May 24, 2011 in New York city at the age of 104. A hospital served as her residence for the last 20 years. Her estate is estimated to be about $500 million.
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Huguette Clark: prepared to be an heiress ? Continue Reading »
Estate Planning, Family Conflict, In the News, Succession Planning, United StatesThe Office of the Public Guardian and Trustee has multiple functions and involvement in a diverse range of legal proceedings. Most estate practitioners are familiar with the requirements that the Public Guardian and Trustee be served with applications to appoint guardians of property and person and for court approval of settlements involving a person under a disability. However, there are a number of other statutory requirements that necessitate service on the Public Guardian and Trustee that estate practitioners may be less familar with…..
When to Serve the Public Guardian and Trustee Continue Reading »
Capacity Law, Estate Litigation, Passing Of Trustees’ and Executors’ AccountsA recent Canada Revenue Technical Interpretation confirmed that the tax owed by an estate should first be recovered from the named beneficiaries of the deceased registered plans…..
Tax Liability of a Deceased Taxpayer Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Liability, TrusteeIn the past few blogs I have been focussing on circumstances which may mean your estate and Will planning requires some added attention. In my blog from March 30, 2011 I listed some of those circumstances. The one I’m focussing on today happens to be one that is prevalent in about 50% or more of all family circumstances. It involves the situation of being in a second relationship coupled with the blended family. This isn’t the “Leave it to Beaver” family. Rather, it’s the family in the image of “The Brady Bunch”. ….
Will Planning – no simple task… Part 5 Continue Reading »
Estate Planning