Today’s Blog was co-written by Jessica Bulter, law clerk at Fasken LLP Holograph Wills have always been a tempting choice for some testators as the requirements are simply that it is written by the testator “wholly” in their own handwriting, signed by the testator at the end of the Will…
Today’s Blog was written by Emily Papsin, Articling Student at Fasken LLP Recently, the late James Brown’s estate was reported to have been finally settled after 14-year legal battle between his beneficiaries. The fallout from this serves as a reminder that the administration of an estate can have significant consequences,…
Today’s blog is being written by Jonathan M. Charron, senior associate at Fasken’s Montréal office. The tax rules applicable to charitable gifts on death have changed considerably since 2016. These new rules aim inter alia at providing more certainty as to the tax treatment of such gifts and more…
Today’s blog was written with the assistance of Mahsa Pezeshki, a law clerk at Fasken LLP On August 17th the Ontario government announced that the Ontario Business Registry (OBR) will be launched on October 19, 2021 and The Ontario Not-for-Profit Corporations Act (ONCA) will also be proclaimed into force…
Today’s blog was written by Aniket Bhatt, law student at Fasken LLP Court proceedings are presumptively open to the public. As a result, matters in a probate file are no exception. For example, obtaining a certificate of appointment of an estate trustee in Ontario is a public court proceeding. However,…
In a historic moment in Canadian history, Canada’s first female Minister of Finance (and Deputy Prime Minister), the Honourable Chrystia Freeland, presented the Government of Canada’s 2021 Federal Budget (“Budget 2021”) on April 19, 2021. Budget 2021 contains significant proposals to amend the Income Tax Act (Canada) (the “ITA”), the…
Today’s blog is being brought to you by our guest blogger, Anna Chen The court may remove an executor/estate trustee under its inherent jurisdiction or under section 37 of the Trustee Act.[1] In either case, the test to remove an executor/estate trustee is stringent, as the court will not lightly…
Today’s blog was written by guest blogger, Yvonne Mazurak, Articling Student at Fasken LLP. With today being Black Friday, it seemed appropriate to write a post about things. Afterall, many of us will likely spend some time this weekend taking advantage of Black Friday deals and buying things for our…
This post was contributed to by Corina Weigl, Maureen Berry, Kathryn Walker, and Tamar Silverbrook, of Fasken. If you have a family member who is in a lower tax bracket than yourself, an upcoming change in the Canada Revenue Agency’s (“CRA”) prescribed interest rate will create a financial opportunity. Effective…
Today’s blog was written by guest blogger, Anna Chen, Associate at Fasken LLP. The current pandemic has created a number of difficulties in having Wills drafted, signed and witnessed in the usual course. As a result, we may see an increase in the number of handwritten Wills, which are commonly…