August 2019

Embryo Freezing Costs: Medical Expense Tax Credit Extended to Same Sex Couples.

The Income Tax Act (“ITA”) generally permits as an eligible medical expense of an individual, an amount paid to a medical practitioner, dentist, or nurse or a public or licensed private hospital for medical or dental services provided to a patient. Medical services are diagnostic, therapeutic or rehabilitative services that are performed by a medical practitioner acting within the scope of his or her professional training. Generally, a payment to….

Embryo Freezing Costs: Medical Expense Tax Credit Extended to Same Sex Couples. Continue Reading »

Canada Revenue Agency, Estate Planning, Healthcare, In the News, Spouse, Tax Issues, Uncategorized

And the “Petty” Saga Continues…

Liz Bozek first blogged about the tragedy of Tom Petty’s sudden death and the musical legacy that he left behind, commenting that “a life unexpectedly cut short can nevertheless be celebrated because of the rich legacy left behind.” Unfortunately, any hopes of a long-term celebration by his family were dashed when Tom’s daughters, Annakim and Adria, sued Tom’s widow and their step-mother, Dana York Petty, for control of his music….

And the “Petty” Saga Continues… Continue Reading »

Uncategorized

Disproportionate Inheritance? WESA to the Rescue

This blog was written by Aathiya Bala, Associate Estate and Trust Consultant with Scotia Wealth Management   Nahar and Nihal Litt arrived from India in 1964 with modest beginnings. The couple worked tireless hours building their family’s farm business estate for decades. Their children, who were between the ages of three and fourteen when arriving to Canada, helped cultivate their family business throughout the years. The family began to acquire….

Disproportionate Inheritance? WESA to the Rescue Continue Reading »

Contested wills, Estate Litigation, Family Conflict, In the News
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