Bell Let’s Talk. Not sure what I was doing on January 25, 2023 but I missed this important day so am providing a shout out now to talk about ‘good’ mental health. For many of us, obtaining and maintaining a good mental equilibrium is no easy feat. Let’s face it, Covid didn’t help. As a friend of mine shared last week, many are still dealing with ‘Covid Interruptis’. Life in….
Choosing who to name as the executor of your estate is an important decision to make when preparing your will (and a topic on which other All About Estates blogs have been written). But what happens if something happens to your executor, and they are unable or unwilling to act? Who will administer your estate? This blog will explore the scenario of an executor dying before the testator (the writer….
What Happens if Something Happens to your Executor? Continue Reading »
Estate Administration, Estate Planning, Executors, WillsThis Blog was written by Emily Racine, Estate and Trust Consultant with Scotia Wealth Management When it comes to estate planning, the cases where all property and beneficiaries can be found within a 10km radius are increasingly becoming few and far between. More and more estates cross not only provincial borders but international borders as well. These estates carry their own set of complexities and require their own set of….
ESTATE PLANNING AND THE GREAT WIDE WORLD Continue Reading »
International
The recent case of Lepp v. The Municipality of York, 2022 ONSC 6978 (CanLII) (“Lepp”) is now considered to be a form of required reading for litigants and their counsel. While the facts of the case are not particularly unique, the court’s comments on lawyers’ compliance with the Notice to Profession (effective as of August 2, 2022) (the “Notice”), and general practices as they relate to motions and applications, are….
Keeping the Court Happy :) Continue Reading »
Uncategorized
The recently enacted Underused Housing Tax Act[i] (UHTA) applies a one per cent tax on the ownership of vacant or underused housing in Canada. Per the Canada Revenue Agency’s (CRA) published notification[ii] on Jan 17, 2023, “the vast majority of Canadian owners of residential property are excluded owners and, therefore, do not have any obligations and liabilities under the UHTA. However, the underused housing tax is payable by certain Canadian….
Trust and estates beware of the new Underused Housing Tax Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Tax Issues, TrusteeIt is still Alzheimers Awareness Month and for those of you who have been following my blogs for the last many years, dementia awareness is very important to me. On October 31 2022, my colleague Sasha Adler blogged about the Canadian Dementia Strategy and shared CanAge’s report card. Today I would like to expand on this topic and share an important podcast that was recently released (January 18, 2023) on….
Looking forward to living a long life……. Continue Reading »
Caregiving