What’s a professional way to say “You sound crazy and this is a horrible idea”? This is a question that was normally reserved for work BFFs. But artificial intelligence has come a long way and now gives out HR approved wisdom like: “While I appreciate your creativity and passion for this project, I have some concerns about the practicality and potential outcomes of this idea. Perhaps we could explore some….
ChatGPT, do my work for me Continue Reading »
UncategorizedIn disputes relating to the guardianship of an incapable person, the subject of their representation often arises. The appointment of counsel pursuant to section 3 of the Substitute Decisions Act, 1992, S.O. 1992, c. 30 (“section 3 counsel”) is often treated as akin to or even the same as the appointment of a litigation guardian in accordance with Rules 7.01-7.03 of the Ontario Rules of Civil Procedure. However, these roles….
Representation of Incapable Individuals Continue Reading »
Capacity Law, Disability, Elder Care, Family Conflict
Philanthropic individuals that own their wealth in a private company may want to set-up a charitable legacy by donating some of their shares or debt to a private foundation. Although this sounds like a great idea, caution needs to be exercised. Donations of private company shares or debt to a private foundation may not result in a charitable donation tax credit under the Income Tax Act (ITA) due to the….
Private foundations & private company shares Continue Reading »
Charitable Giving, Philanthropy/Charitable Giving, Tax Issues
What Are the Housing Options for Seniors? As each decade passes, one of our challenging and essential questions is – what are the housing options for seniors? Since the COVID pandemic, polling has shown that older Canadians have overwhelmingly indicated they wish to stay in their homes until the end of life. But at what cost and under what circumstances? Everyone has their perspective for each life stage. Some people….
Housing Options for Seniors in Canada Continue Reading »
Elder Management, Smart AgeingToday’s blog is written by Jessica J. Butler, Law Clerk at Fasken LLP. As today’s world continues to grow increasingly interconnected, more estate professionals find themselves dealing with a web of cross-border assets and jurisdictional issues. This post considers certain issues that you might face when administering a Canadian estate with assets situated in the United States. Legal Authority You must first determine whether you will need legal authority to….
Considerations when Administering a Canadian Estate with US Situs Assets Continue Reading »
Canadian and US Tax Treaty, Estate Administration, International, IRS, Probate Tax, Tax Issues, United States, US Taxes, WillsCharity regulators all have processes for members of the public to make complaints about the charities. These processes reveal as much about the regulator and the underlying laws as they do about charity malfeasance. Charities are generally good actors, but they do sometimes have lapses or get caught in internal, community, or national politics. In a few cases, you have “wolf in sheep’s clothing” charities, which whistle blowing mechanisms are….
Complaining about a charity Continue Reading »
Charitable Giving, Philanthropy/Charitable Giving