When making testamentary or inter vivos gifts, parents sometimes want to ensure that provision is made for the spouses of their children, whether it is by including such individuals as potential beneficiaries of trusts or as recipients of outright gifts. ….
Specificity Matters: Defining “Spouses” for Estate Planning Purposes Continue Reading »
Estate Administration, Estate Planning, Spouse, WillsIn my last blog, I wrote about some of the preliminary estate planning issues that should be considered with respect to Registered Education Savings Plans (“RESPs”). This week, I wanted to touch on some additional issues regarding estate planning and RESPs…..
RESPs and Estate Planning: Further Issues Continue Reading »
Estate Planning, RESPRegistered education savings plans (“RESPs”) have become a popular financial planning tool for saving money for a child’s post-secondary education. However, they raise many issues from an estate planning perspective that deserve consideration…..
Estate Planning and RESPs Continue Reading »
Estate Administration, Estate PlanningA recent news report by the Wall Street Journal details the latest turn in a high profile litigation regarding the multi-billion dollar estate of Hong Kong heiress Nina Wang. ….
Ruling Handed Down by Hong Kong Court of Appeal in Billion Dollar Estate Fight Continue Reading »
Charitable Giving, Estate Administration, Estate Litigation, Estate Planning, Philanthropy/Charitable GivingA recent blog by Elaine Blades discussed some of the succession issues arising from recent developments in reproductive technologies. As a recent article in the New York Times demonstrates, the modern funeral service is also not immune from the relentless progression of the technological age. One of the first responsibilities of the executors of a deceased person is to make burial and funeral arrangements. Although funeral services are often steeped….
Funerals in the Internet Age Continue Reading »
Estate Planning, Funeral PlanningIf a testator anticipates that disappointed beneficiaries may possibly contest his Will following his death, he may wish to include a “no contest” clause in his Will. ….
You Fight, You Lose: Adding No Contest Clauses to Wills Continue Reading »
Estate Planning, Wills