This blog post was written by: Mario Gravel, Estate and Trust Consultant, Scotiatrust Ottawa Allow me to share a story of a client interaction with you. Dear client, do you know how important it is to have a proper legal Will? Yes. Check. You also know about the peace of mind that having a proper Will provides? Absolutely. Check. Well, looks like all the ground has been covered, right? Well, not quite. First….
The Three Ds Continue Reading »
Estate Planning, Funeral Planning, Wills
This blog post was written by: Rafia Babar, Associate Estate and Trust Consultant, Scotiatrust Calgary Legacy planning is not the same for every family. It is especially unique for South Asian families as it often intertwines with cultural norms, religious beliefs and deeply rooted family dynamics that differ from western culture. Understanding these cultural intricacies is essential for professionals that want to build trust and provide culturally competent services….
Legacy/Death Planning Through a Cultural Lens: Insights for South Asian Families Continue Reading »
Estate Planning, Wills
This blog post was written by Dave Madan, Senior Manager, Scotiatrust Amazon Prime Day is here—and it’s a siren song of “unmissable deals” on everything from smartphones and tablets to noise‑cancelling headphones and smart doorbells. But as professionals know, a shiny new gadget can bring hidden headaches: data breaches, estate‑planning gaps, and tangled family dynamics. Here’s how to help clients surf the Prime Day wave—without wiping out later. Turn “Ooh,….
Prime Day Smart Moves: Helping Clients Navigate the July 8–11 Tech Splurge Continue Reading »
Estate Planning, In the News, Practice Management
This blog post was written by: Patricia Chartrand, Estate and Trust Consultant, Scotiatrust Vancouver Scandinavian death cleaning is the act of purging the superfluous and keeping the necessary in anticipation of your passing. The result is leaving the smallest physical footprint upon passing. It takes much less effort for your executors to distribute your life’s detritus as it was intentionally comprised only of things that had utility, a well-curated collection…..
What Stuff? Continue Reading »
Estate Administration, Estate Planning
This blog post was written by: Holly Van Schouwen, Estate and Trust Consultant, Scotiatrust Victoria It’s a sad time, A parent has passed on and the adult children are reviewing the Will. One or more of the children are named to provide oversight in distribution of personal effects (articles). This can become a contentious issue if there are strained relations within the family. Where there is no specific language around….
Articles and Personal Effects – Oversight for Wills Continue Reading »
Estate Administration, Estate Planning, Executors, Trustee Disputes, Wills
This blog post was written by: Derek Hambly, Estate and Trust Consultant, Scotiatrust London In part one of this post, posted on June 5th we discussed that if your cottage is not also a qualified farm or fishing property, avoiding capital gains entirely can only really be done by declaring it as your principal residence. However, in the circumstance where the cottage is not the best option to declare as….
Again and Again About the Capital Gain: Cottage Succession Planning Part 2 Continue Reading »
Cottage, Estate Planning, Tax Issues