John M. Hodgson, Q.C.
John M. Hodgson, Q.C. Continue Reading »
Philanthropy/Charitable Giving
Reviewing investment performance
The end of the calendar year is a good time for Trustees to review both the investment performance as well as investment objectives of the Trusts for which they are responsible…..
Reviewing investment performance Continue Reading »
Estate Administration, Investments, TrustsThere is an incentive to read this blog post,
The primary objective behind the use of either Intervivos Trusts or Testamentary Trusts in an Estate plan is to manage the transfer of wealth. Many people opt to transfer wealth using a trust because of the tax savings available from splitting income or because of the creditor-proof nature of a Trust. But there can be other more intriguing reasons to choose a trust. For example, I have recently seen an….
There is an incentive to read this blog post, Continue Reading »
Estate PlanningAre Trusts Going to the Dogs ?
As some of you may know the late Leona Helmsley, a billionare, left her pet Maltese, Trouble, a $12 million trust fund. Her choice to leave this sum to her pet, was branded 3rd in Fortune’s “101 Dumbest Moments in Business” of 2007. In 2008 a court ruling reduced the trust fund for Trouble from $12 million to $2 million with the $10 million going to Helmsley’s charitable foundation. For….
Are Trusts Going to the Dogs ? Continue Reading »
Estate Planning