May is National Caregivers Month. Now more than ever, the challenge of being a caregiver feels more of a ‘challenge’ than any other word that I can think of. It can be joyful, rewarding, an honor, an opportunity and an obligation. Caregivers come in all shapes and sizes and age. There are young carers who are children themselves and they are the ones looking after a sibling or a parent…..
Thank You Carers Continue Reading »
Elder Care, UncategorizedIn my blog Tips on Bringing a Passing of Accounts Application of March 5, 2021, I provided suggestions on preparing the accounts and drafting the court required documents when bringing an application to pass accounts (the “Passing Application”).[1] In today’s blog, I will share some tips on the next steps in the process. Initiating the Passing Application The Passing Application is initiated by (i) obtaining a hearing date for the passing….
Tips on Bringing a Passing of Accounts Application – Part 2 Continue Reading »
Passing Of Trustees’ and Executors’ AccountsNegar Pishva, Conseillere en Successions & fiducies, Gestion de patrimoine Scotia Nous parlons tous à nos clients de l’importance de la planification successorale et de la planification dans l’éventualité d’une incapacité à gérer leurs avoirs. Nous parlons de long en large du maintien de niveau de vie du conjoint survivant, de la distribution aux enfants, des mécanismes à notre disposition pour protéger les héritiers ainsi que le capital. Nous faisons….
LES FIDUCIES ALTER EGO COMME OUTILS DE PLANIFICATION Continue Reading »
Uncategorized
In the recent guardianship case, Rudin-Brown v. Brown, the court considered whether to admit into evidence recordings made of an incapable adult’s telephone conversations. Carolyn was found to be incapable in 2018. In 2016, Carolyn signed new power of attorney documents for personal care and property (“2016 Powers of Attorney”) appointing her son, Gordon as her attorney in both documents. Her daughter, Missy, sought an order that the 2016 Powers….
Further to my last post, the Canada Revenue Agency (“CRA”) does have the discretion to waive tax penalties on excess (or deemed to be excess) contributions to Tax Free Savings Accounts (“TFSA’s) and Registered Retirement Savings Plans (“RRSP”) if an excess contribution to a TFSA or RRSP resulted from a reasonable error under the applicable sections of the Income Tax Act (“ITA”). With regard to TFSA’s, it would be for….
What is a Reasonable Error Continue Reading »
Estate Planning, In the News, Investments, Property, Tax Issues, Uncategorized
While the sun did shine yesterday, it was still a difficult day for many of us. Not just because we can’t be outdoors, or play golf or volleyball but because for many, we continue to be restricted from seeing, and hugging our mothers. It is the 2nd Mother’s Day of being restricted; some distanced by emergency stay at home orders and some like me, separated by death. Another of the….
Monday, the day after yesterday. Continue Reading »
Elder Care