Charitable Prizes

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When Lindbergh flew from New York to Paris in 1927, it was inspired by the $25,000 Orteig Prize. Also in the 1920s, when the International Math Union wanted to honour under 40-year-old rising mathematicians, Toronto math superstar J.C. Fields (under)funded a medal that has been awarded ever since. Since the 19th century, charitable prizes have been a way to recognize accomplishments and create change by providing incentives to achieve the….

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Estate Donations, Philanthropy/Charitable Giving

Too Ill to Make a Will: three practical tips for surviving deathbed retainers

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A Dead Give-Away Did you know that deathbed wills are the original will? In medieval Europe, for all but those in high society, will-making was synonymous with efforts right before death. Luckily, this type of estate planning is no longer the status quo. However, deathbed wills have persisted as a reality of life to this date. So what should drafting solicitors keep in mind when they get the dreaded phone….

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Disability, Elder Law, Estate Planning, Uncategorized

Something to Do Before You Say “I Do” in 2022

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Like the travel industry, the wedding industry is in full-steam for the summer of 2022.  Two years of blissful couples-to-be not being able to host their dream event have led to a flurry of weddings this summer season.  Besides the increased number of wedding invitations for the summer months, the increase in engagements to complete marriage contracts is an indicator that something is different this year.  For those couples-to-be that….

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Where There’s a Will, There’s a Digital Way: Part #2

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This blog was written by Ardena Bašić As previously written (in other words, go read blog-de-digital wills Part #1!), online, electronic and digital wills are rising in prominence. Yet, given that there are no Canadian laws to address how these assets should be handled after death, it is vital to approach this issue carefully. As such, there are a variety of currently relevant laws, case laws and proposed legislation that….

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Uncategorized

The Law of Assent

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he recent case of Re Assaly deals with a unique intersection between estates and bankruptcy law and squarely addresses the law of assent. In this case, the estate trustee paid funds in trust to counsel for a bankrupt beneficiary and adult child of the deceased (the “Bankrupt”), on the condition that the Bankrupt would provide a letter of credit in favour of the estate before the funds could be released…..

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