Canadian Tire “money” has been distributed by Canadian Tire stores for almost 65 years. While CT Money is often dismissed, it may be a mistake to ignore the bills as a potential asset of the estate…..
The Value of Canadian Tire “Money” in Estates Continue Reading »
Estate Administration, Executors, Fiduciary Professions, In the News, Investments, Property, Succession Planning, Trustee, valuation
I continuously try to ‘live in the moment’ but I am often not successful. Today the sun is shining and Rory McIlroy just won his second Canadian Open. While it is exciting for so many of us, for so many reasons, part of my day was spent supporting a dear friend, who is waiting for a diagnosis. Is the sun is still shining? The ‘waiting’ some say, may be worse….
‘Wishful Thinking Isn’t Thinking’ Continue Reading »
UncategorizedThis is Part III of my saga on incapacity planning in a corporate context. Part I and Part II can be found respectively at: https://allaboutestates.ca/powers-of-attorney-for-property-implications-of-obtaining-a-formal-capacity-assessment/, and https://allaboutestates.ca/what-happens-when-a-shareholder-voting-or-a-director-becomes-incapable-powers-of-attorney-for-property-and-shareholder-agreement-drafting-tips/. As a reminder, Part II addressed two situations that we, as estate planners, are commonly asked about: A director becomes incapable – who can sign for them? A shareholder (voting) becomes incapable – who can attend to governance regarding electing directors and officers….
This Blog was written by: Hannah Zip, Estate and Trust Consultant, Scotia Wealth Management Proper estate and incapacity planning is important for people from all walks of life, however there are some special considerations that should be kept in mind when discussing estate planning with members of the LGBTQ2S+. This is especially true given the diversity within the community and some key differences between the younger and older members (“older”….
LGBTQ2S+ Considerations in Estate Planning Continue Reading »
Uncategorized
With real estate prices soaring, it’s no surprise that property is often at the heart of estate litigation. Certificates of pending litigation (CPLs) are a common tool used to ensure that a disputed property is not sold before the litigation is resolved. If the parties agree to remove a CPL so that the property may be sold, the agreement is generally contingent on holding the sale proceeds in trust pending….
How much security is enough? Continue Reading »
Estate Litigation, Family Conflict, Joint Tenancy, Property, Real Estate, Trusts
I thought I would mix things up today and repost this blog, written by my son. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I believe in what I refer to as the Something Wonderful Theory. Since you never know when something wonderful is about to happen in your life, you might as live view each new day with optimism and have a smile on your face. If you think about the moments that really mattered in….
The Something Wonderful Theory Continue Reading »
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