Mobility is a Key Lifestyle Planning Factor

• • 0 Comments
A women in a wheelchair looks out a floor to ceiling window, illustrative of consider mobility as a key lifestyle planning factor.

Mobility and being able to move independently is a crucial lifestyle planning factor people often overlook. As families are out enjoying the summer weather and travelling again, we wish more people understood that being able-bodied[1] and independently mobile is a temporary state. Life happens – a car accident or healthcare crisis can instantly change your ability to move and function independently. In estate and lifestyle planning, the focus is often….

Mobility is a Key Lifestyle Planning Factor Continue Reading »

Disability, Elder Management, Smart Ageing

Breaking Up is Hard to Do – Ceasing to be a Canadian Tax Resident may be Easier Said than Done

• • 0 Comments

This blog has been written by Rahul Sharma, Partner, Fasken Martineau DuMoulin LLP, Toronto My blog posts so far this year have focused on the significant volume of new residents to Canada and the associated tax and legal considerations, particularly where new residents are entering the Canadian tax system with assets and investments in their countries of origin or other global jurisdictions.  In this blog post, I flip the discussion….

Breaking Up is Hard to Do – Ceasing to be a Canadian Tax Resident may be Easier Said than Done Continue Reading »

Canada Revenue Agency, Canadian and US Tax Treaty, Estate Planning, Tax Issues, Uncategorized

Gifts from RRIFs

• • 8 Comments

I get regular inquiries about donating funds from registered retirement income funds or RRIFs. The value of RRIFs has grown through careful saving and market gains, and these funds may represent surplus wealth. Some RRIF holders resent the requirement to take steadily increasing annual withdrawals from their RRIF. Add a dash of altruism and the idea of donating RRIF property arises. The Basics There are a couple of factors to….

Gifts from RRIFs Continue Reading »

Philanthropy/Charitable Giving

You’ve been served!

• • 0 Comments

The Originating Process One of the first steps taken in any court procedure is service of the originating process. Whether the procedure is by action or application, service of the originating process puts parties and others who may be affected by the outcome on notice that a legal proceeding has started. In estate litigation there may be a number of parties who need to be served at the outset of….

You’ve been served! Continue Reading »

Estate Litigation

Tax Implications and Considerations involving the Death of a Shareholder of a Private Corporation

• • 2 Comments

Today’s blog was written by Pritika Deepak, Associate at Fasken LLP This is the last part of a three-part blog series which provides a broad overview of some of the tax implications to consider, with respect to certain assets held at death. Part I, which addresses RRSPs can be found here: https://allaboutestates.ca/what-happens-when-a-taxpayer-dies-with-a-registered-retirement-savings-plan/ and Part II, which addresses exempt Life Insurance Policies can be found here: https://allaboutestates.ca/tax-implications-for-exempt-life-insurance-policies/. Part III of this….

Tax Implications and Considerations involving the Death of a Shareholder of a Private Corporation Continue Reading »

Estate Administration, Estate Planning, Tax Issues, Uncategorized, Wills
Scroll to Top