As the date for writing this blog was approaching, I struggled to find an interesting topic to write about. I like to write about what I know or practical tips so I had to go back to the drawing board when I was drawing a blank. Today’s blog is a bit of a personal blog for me. You see, my husband and I are hoping to start our family through….
Estate Planning and Adoption Continue Reading »
Estate Planning, Spouse, WillsThis blog was written by Justin Ecclestone, Estate and Trust Consultant with Scotia Wealth Management The Multiple Wills strategy in Ontario often comes to mind when providing estate planning advice to successful business owners with private company shares. When speaking with business owners the benefit of the strategy is quite clear – save probate fees. It is important not to overlook this strategy for those without a business as it….
Multiple Wills – More than just business owners Continue Reading »
UncategorizedGenerally the RRSP or RRIF of a deceased can be transferred by specific bequest under the terms of the deceased’s will to a qualifying survivor tax-free. A qualifying survivor would be the deceased annuitant spouse or common-law partner or a financially dependent child or grandchild. When payments from a deceased annuitant’s RRSP are paid to the annuitant’s estate and a qualifying survivor is a beneficiary of the estate, the deceased….
Some Ins and Outs of RRSPs & RRIFs Transfers on Death Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Investments, Property, RRSP, Tax Issues, Uncategorized, Wills
A few weeks ago I provided a summary of the Federal Budget and what is offers to seniors. Well, I received over 30 comments and the blog readers all said the same thing- Mr. Trudeau has ignored those of us between the ages of 65-75. I don’t have any additional information as to rationale or logic and if anyone does, please share. There may be discounts for those aged 55 plus….
June is Senior’s Month Continue Reading »
Elder Care
Today’s Executor is a Digital Executor The estates and trusts world has taken notice of the importance of digital assets—there is no question about that. Now that we know that an individual’s digital assets are something that advisors and clients alike need to consider for every estate planning matter, the estates and trusts industry as a whole needs to start to thinking about how to best plan for those digital….
Today’s Executor is a Digital Executor Continue Reading »
Estate Administration, Estate Administration and Probate Applications, Estate Planning, Executors, Property, Succession Planning, Trustee, WillsThis Blog was written by Suzanna Walter, Estate and Trust Consultant with Scotia Wealth Management There have been many articles written about the dramatic increase in real estate values in Canada. This real estate boom has implications for executors’ administering estates. Maureen Berry in her article Non-Resident Beneficiaries and Canadian Real Property: Canada’s Hot housing market can increase the work of estate executors reviewed one such implication for Executors who….
Hot real estate market can put heat on Executors Continue Reading »
Estate Administration, In the News, Real Estate