Congratulations to all of us- it is the first week of spring and we have managed through a difficult winter. While we are here today and reading this blog- we have much to be thankful for. However there are so many of us who have faced a loss this year and I know what that feels like. But on this Monday, my blog today is about living your life and….
“BUY THE SHOES” Continue Reading »
Healthcare, Uncategorized
More often than not, we come across the following question from an Executor: How do I transfer the ownership of the deceased’s vehicle where the deceased specifically named a beneficiary in the Will? This seems like a fairly simple process but as I’ve learned over time, nothing is as simple as it seems. This can be a time consuming and frustrating process for the Executor. Please note that for the….
One in ten. That, according to charitable sector studies, is how many estate donors inform the charities in their will of their intentions. While this ratio varies by charity it underscores a fascinating paradox. Bequest donors trust charities enough to make them beneficiaries of their estate, but they don’t trust them enough to tell them in advance. The Paradox This paradox is frustrating for charities. Charities spend a lot of….
One in Ten: Why Bequest Donors Don’t Inform Charities Continue Reading »
Estate Donations, Estate Planning, Philanthropy/Charitable Giving, UncategorizedIn Hernandez v. Hernandez, 2021 ONSC 106, the Court of Appeal for Ontario considered the issue of whether litigation involving the personal care of a person is rendered moot after that person dies. In 2017, Cheri Hernandez commenced an application seeking an order terminating the authority of her brother, Norman Hernandez, to act as the guardian of personal care of their mother, Anna Hernandez. Cheri’s application was dismissed in 2019….
Court of Appeal for Ontario Dismisses Moot Guardianship Appeal Continue Reading »
GuardianshipA lifetime benefit trust (LBT) is a personal, testamentary trust for beneficiaries that are financially dependent due to mental infirmity. Most people are aware that the taxable income inclusion of a RRSP on death can be avoided by rolling it over to a spouse. If the circumstances are appropriate, the same can be done by rolling the RRSP in an LBT and purchase a qualifying annuity under the relevant clauses….
Lifetime Benefit Trusts Continue Reading »
UncategorizedMy fellow blogger recently wrote about family meetings and estate planning. There has been much written on the importance of power of attorney documents, who gets named, their responsibility and conflicts that have arisen as a result thereof. While the focus of most disputes has to do with money and the Power of Attorney for Property, my interest lies with the disputes that occur on the care side and with the….
Mom Loved You More Continue Reading »
Caregiving, Elder Care