Scotiatrust

Total 222 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 Most Expensive Funeral I’ve Arranged—and the Cheapest: Things Every Executor and Testator Should Know About Funeral Costs

• • 1 Comment
Scotiatrust

This blog post was written by: Jo-Anne Stark, Practice Lead, Scotiatrust Western Region   One of the first responsibilities many executors face is arranging a funeral. It is often an emotionally charged task that must be completed quickly, sometimes with limited guidance from the deceased and before estate funds are readily available. As a result, the cost of a funeral can come as a surprise to both families and executors…..

The Most Expensive Funeral I’ve Arranged—and the Cheapest: Things Every Executor and Testator Should Know About Funeral Costs Continue Reading »

Estate Planning, Executors, Funeral Planning

The Hidden Value in Estates: Why Personal Belongings Matter

• • 0 Comments
Scotiatrust

This blog post was written by: Derek Hambly, Estate and Trust Consultant, Scotiatrust London   When it comes time to administer an estate, the value of personal belongings is often overlooked. There are many reasons why the chattels and belongings of a deceased person are undervalued. Whether it is in the interest of clearing out the house of the deceased to get the property on the market, or because the….

The Hidden Value in Estates: Why Personal Belongings Matter Continue Reading »

Estate Administration

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

• • 3 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
Scroll to Top