Scotiatrust

Total 220 Posts

 Website

For over 100 years, Scotiatrust® has helped Canadians preserve and transfer their wealth. Together with your team of specialists, we work to understand your achievements and help you connect them, so your wealth makes the meaningful impact you want. We also help you make important decisions sooner and ensure they’re followed when you’re unable to do so yourself. We are a team of highly experienced, hands-on professionals and we view it as our responsibility to ensure our clients have addressed all relevant issues and that their wishes are followed throughout and beyond their lifetime, helping them to live well and leave well.

The Great Wealth Transfer Is Female: Why Estate Planning Professionals Must Adapt

• • 2 Comments
Scotiatrust

This blog post was written by: Jo-Anne Stark, Practice Lead, Scotiatrust Western Region   Reports indicate that by 2028, women in Canada will control nearly $4 trillion in assets.[1] In just the past decade, that figure will have doubled. The implications for estate planning professionals are profound. The most significant wealth transfer in Canadian history is already underway as assets pass from one generation to the next and surviving spouses….

The Great Wealth Transfer Is Female: Why Estate Planning Professionals Must Adapt Continue Reading »

Estate Planning, Succession Planning

What Makes an Estate “Complex”? It’s About More Than Wealth

• • 0 Comments
Scotiatrust

This blog post was written by: Jean Yong, Estate and Trust Consultant, Scotiatrust Toronto   One of the most common things I hear from clients is, “I don’t think my estate is that complicated.” What they’re often really telling me is, “I don’t have enough money for estate planning to matter.” It’s an understandable assumption. When we hear the term complex estate, we tend to picture multiple properties, private corporations, substantial investment portfolios….

What Makes an Estate “Complex”? It’s About More Than Wealth Continue Reading »

Estate Administration, Estate Planning

When is a Family Trust a Family Asset in a Divorce in Ontario?

• • 1 Comment
Scotiatrust

This blog post was written by: Holly LeValliant, Estate and Trust Consultant, Scotiatrust Toronto   Family Trusts and the Family Law Act Family trusts are popular tools for estate planning, asset protection, and intergenerational wealth transfer in Ontario.  However, during a divorce, they can become contentious:  is the trust an asset that is subject to an equalization between the spouses?  Can the assets in the trust be used to determine….

When is a Family Trust a Family Asset in a Divorce in Ontario? Continue Reading »

Courts, Family Conflict, Trusts

Letters of Wishes When Judgment Is in Question

• • 1 Comment
Scotiatrust

This blog post was written by: Mario Gravel, Estate and Trust Consultant, Scotiatrust Ottawa   Clients are increasingly raising concerns about beneficiaries who may be vulnerable to misinformation, undue influence, or online fraud. In trust planning, that raises a practical and uncomfortable question: how can a trustee exercise discretion responsibly when a beneficiary’s judgment may be compromised, while still balancing that beneficiary’s needs against the interests of others? This is….

Letters of Wishes When Judgment Is in Question Continue Reading »

Wills

Dying Without a Will in Québec, Part 2: Who Settles the Estate When No One Is Named Liquidator?

• • 0 Comments
Scotiatrust

This blog post was written by: Martine Desrosiers, Estate and Trust Consultant, Scotiatrust Montreal   In Part 1, we examined how intestacy in Québec creates procedural hurdles for minor heirs. Before any of those issues can be addressed, a more fundamental question arises: who is in charge of settling the estate?   When there is no Will, the Civil Code of Québec (CCQ) determines both who inherits and who is….

Dying Without a Will in Québec, Part 2: Who Settles the Estate When No One Is Named Liquidator? Continue Reading »

Estate Planning, Wills

Dying Without a Will in Québec: A Masterclass in Making Life Harder for your Minor Heirs

• • 0 Comments
Scotiatrust

This blog post was written by: Ophely Karam, Estate and Trust Consultant, Scotiatrust Montreal   There are many ways to complicate your loved ones’ lives after your death. Dying intestate in Québec when you have minor children is one of the most efficient. From the outside, legal devolution under the Civil Code of Québec (“CCQ”) looks orderly, even comforting, as it establishes clear rules, predictable outcomes, and a legislated safety….

Dying Without a Will in Québec: A Masterclass in Making Life Harder for your Minor Heirs Continue Reading »

Estate Planning, Wills
Scroll to Top