Scotiatrust

Total 215 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.

Status Indians: From an Estate Planner’s Perspective

• • 3 Comments

This blog was written by Andrew Ashenhurst, TEP – Associate Estate and Trust Consultant with Scotia Wealth Management   A close friend of mine is actively involved in the Aboriginal space from both an economic and social development perspective. In his work he has often reached out to me with respect to Estate/Trust & incapacity planning topics. Through research and educating each other, I’ve learned of some interesting differences that….

Status Indians: From an Estate Planner’s Perspective Continue Reading »

Estate Administration, Power of Attorney, Uncategorized, Wills

Two Isn’t Always Better Than One: The Perils of Joint Accounts

• • 0 Comments

This blog was written by Lara Besharat Earlier this month, a Toronto-based FinTech company launched a new feature for their app that aims to simplify the process of creating and maintaining a joint account. The app allows for joint accounts to be created and managed entirely via your mobile device, and, with equal power over the account, users can send e-transfers, deposit money, and reload the account with the pre-paid….

Two Isn’t Always Better Than One: The Perils of Joint Accounts Continue Reading »

Estate Planning, In the News, Property, Resulting Trust, Uncategorized

Choosing an Appropriate Age for Young Beneficiaries to Inherit

• • 0 Comments

This Blog was written by: Daniel Watts, Estate and Trust Consultant, Scotiatrust   A very common issue that arises in estate planning, especially when the clients have young children, is deciding when an appropriate age is for the children to receive their inheritance. Prior to this age, the inheritance will be held in trust for the beneficiary, and may be used for their benefit (e.g. paying for university tuition). In….

Choosing an Appropriate Age for Young Beneficiaries to Inherit Continue Reading »

Family Conflict

Chaos caused by Gifting

• • 0 Comments

This Blog was written by: Alicia Godin, Estate and Trust Consultant, Scotiatrust “A jealous son sues his desirous and spoiled younger brother and his beleaguered and over-his-head uncle about the spoils of the estate of his late mother.” Working in the area of estate planning and estate administration offers a glimpse into the range of family dynamics and human behaviour. As an estate planner, much of my time spent with….

Chaos caused by Gifting Continue Reading »

Estate Litigation

Time to Update Your General Power of Attorney for Property

• • 1 Comment

This blog was written by Sally Lee, LLB – Estate and Trust Consultant with Scotia Wealth Management.  Some readers may ask the question, what’s the difference between a General Power of Attorney for Property (“GPOAP”) versus a Continuing or Enduring Power of Attorney for Property (“CPOAP”)?  To be completely honest, the difference can be life-altering. Recently, I came across a situation where Mrs. X, who executed a general GPOAP appointing….

Time to Update Your General Power of Attorney for Property Continue Reading »

Power of Attorney, Uncategorized
Scroll to Top