Scotiatrust

Total 225 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.

Cottages, Cabins, and Capital Gains

• • 0 Comments
Scotiatrust

This blog post was written by: Derek Hambly, Estate and Trust Consultant, Scotiatrust London It is that time of year again when cottages, cabins and recreational properties are top of mind. Sitting in traffic getting out of town to get to the lake doesn’t seem so bad when your home-away-from-home is waiting for you…. unless of course you are worrying about the capital gain that has accrued on that property….

Cottages, Cabins, and Capital Gains Continue Reading »

Cottage, Estate Planning, Tax Issues

Quebec’s Parental Union Regime: A New Legal Framework for Unmarried Parents

• • 0 Comments
Scotiatrust

This blog post was written by: Ophely Karam, Estate and Trust Consultant, Scotiatrust Montreal Common-law union has become a predominant form of partnership in the province of Quebec, distinguishing it from other provinces in Canada. In 2021, 42.7% of couples in Quebec lived in a common-law union, this is 2.5 times more than in the rest of Canada, where the proportion of common-law couples is barely 17%. Despite the high….

Quebec’s Parental Union Regime: A New Legal Framework for Unmarried Parents Continue Reading »

Family Conflict, Separation, Spouse

The Pitfalls of Joint Ownership: Transferor Beware

• • 0 Comments
Scotiatrust

This blog post was written by Alicia Mossington, Estate and Trust Consultant, Scotiatrust London Executors in Ontario are often required to obtain a Certificate of Appointment of Estate Trustee (colloquially and historically referred to as “probate”). Although Estate Administration Tax (“probate tax”) is applicable across many jurisdictions in Canada, it is slightly higher in Ontario. This leads many people to take steps to avoid or minimize it.   Joint ownership….

The Pitfalls of Joint Ownership: Transferor Beware Continue Reading »

Joint Tenancy, Resulting Trust, Trusts

The Last “ism”

• • 0 Comments
Scotiatrust

This blog post was written by Hannah Zip, Estate and Trust Consultant, Scotiatrust Toronto People over the age of 65 accounted for 19% of the Canadian population in 2023, according to Statistics Canada. This diverse and growing group of individuals commonly encounters ageism, one of the remaining socially accepted “isms”. Ageism is defined by the World Health Organization (WHO) as discrimination against people due to negative, inaccurate stereotypes and prejudices….

The Last “ism” Continue Reading »

Elder Care, Elder Law, Estate Planning, Smart Ageing, Testamentary Capacity

Suffering In Silence: A Closer Look at Elder Abuse

• • 0 Comments

This blog post was written by Dave Madan, Senior Manager, Scotiatrust Elder abuse remains one of the most underreported and misunderstood social issues, often concealed beneath the veneer of familial obligations and trust-based relationships. For professionals, understanding the intricate dimensions of elder abuse is not only a matter of professional competence but also a moral imperative. Elder abuse transcends socioeconomic boundaries, manifesting in affluent communities as well as modest households,….

Suffering In Silence: A Closer Look at Elder Abuse Continue Reading »

Caregiving, Elder Care, Elder Law, Elder Management, Guardianship, Uncategorized, Undue influence

Brown paper packages tied up with strings…

• • 1 Comment

This blog post was written by Jihan Hosein, Estate and Trust Consultant, Scotiatrust Northern Prairies These are a few of my favourite things… what we can learn from the famous Sound of Music song? A bowl of plastic fruit on grandma’s kitchen counter, may seem inconsequential to some- but to others it’s a powerful reminder of shared moments and family history. While it may not carry significant monetary value, the….

Brown paper packages tied up with strings… Continue Reading »

Estate Administration, Family Conflict, Trustee Disputes
Scroll to Top