March 2020

Here’s hoping for a Happy Monday.

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It is hard to focus on anything outside of the current state of affairs and mounting challenges  as a result of Covid. Everyone’s lives are impacted at some level, so today’s blog discusses a few elder care concerns I am seeing. Most recently I have read that the Ontario government is making changes to long term care homes through a temporary emergency order which is supposed to assist with staffing.  The….

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Caregiving

The How To’s of “Virtual Commissioning” as a result of COVID-19!!

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Today’s blog was written by guest blogger, Tracy Parkinson, law clerk in the Private Client Services group of Fasken LLP. By now, I expect the general consensus among us is that we’ve heard enough COVID-19 related information to last a lifetime.  I know I have, but in the meantime life goes on! For now, while in person face to face meetings are not possible or recommended and proposed changes to….

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Uncategorized

Are wills an essential service?

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Every COVID-19 day we seem to learn a new phrase.  Not so long ago we discovered “social distancing”, and this week it is “essential services”.  The list of services and businesses that we can’t do without varies by province, but most include financial and professional services, including lawyers.  Wills are an essential service and the demand for them is growing. By pointing this out I don’t mean to be alarmist….

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Estate Donations, Estate Planning, Wills

COVID-19 update: Limitation Periods Suspended and Working from Home

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As I noted in my previous blog on COVID-19, the civil courts (including the estates list) have suspended regular operations. Now that government has made an order under sections 7.01 and 7.1 of the Emergency Management and Civil Protection Act to suspend limitation periods and other statutory deadlines as at March 16, 2020. Under the order, any limitation period statute, regulation, rule, by-law or government order is suspended for the….

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In the News

Time to Refreeze: Redux

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The freezing of current share value so that your chosen successors can easily participate in the future growth of your enterprise is a common estate planning technique. What if the value of the frozen shares now exceeds the value of the enterprise as a whole? I wrote about this sometime ago and I think the current economic circumstances create an opportunity to revisit it. The Covid-19 crisis has lead to….

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Business Succession Planning, Canada Revenue Agency, Estate Planning, In the News, Investments, Property, Real Estate, Small Business, Succession Planning, Tax Issues, Trusts, Uncategorized, Wills
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