“I am woman, hear me roar In numbers too big to ignore And I know too much to go back an’ pretend ‘Cause I’ve heard it all before” – Helen Reddy 1971 As the ‘regular’ Monday blogger, I am very pleased to have an opportunity to connect with you today. Today is a special day for a few reasons. It is International Women’s Day- a day to recognize all of….
What March 8th Means To Me Continue Reading »
Caregiving, UncategorizedIn my first blog post (as a guest blogger), I wrote about what a law clerk is and what it is that we do. In today’s blog I will expand on a task that an estate law clerk is frequently involved in – a court passing of accounts – and provide some tips on bringing an application to pass accounts (the “Passing Application”). The court rules regarding passing of accounts….
Tips on Bringing a Passing of Accounts Application Continue Reading »
Passing Of Trustees’ and Executors’ AccountsThis Blog was written by Emily Racine, Estate and Trust Consultant with Scotia Wealth Management Recently, the Ontario government announced changes to some important areas of estate law. One of these changes, which I would like to touch on, is a change to the rules which govern wills and marriages. Under the current rules, if you were to get married tomorrow, your will would be automatically revoked unless it is….
Wills and Marriage: Should they go together like a horse and carriage? Continue Reading »
Estate Planning, In the News, Wills
I previously blogged about the case of Gefen v. Gaertner where the Court of Appeal quashed an appeal regarding an estate trustee during litigation (ETDL) and punted the matter to the Divisional Court. Now this estate has generated another appeal regarding the ETDL – this time properly brought before the Divisional Court – which dealt with whether an ETDL’s role continued after a judgment is appealed. In Gefen v. Gefen,….
An ETDL will continue to act until all appeals exhausted Continue Reading »
Courts, Estate Litigation, Executors
The tax reform of 1987 introduced the term “taxable preferred shares”[1] to curtail the tax advantage for non-taxpaying corporations using preferred share financing over debt financing. The result of this reform subjected the non-taxpaying corporation to a (current) 25 per cent tax on dividends that were paid on taxable preferred shares in excess of a specified dividend allowance. This tax imposed under the Income Tax Act is referred to as….
Taxable preferred shares and estates – say what? Continue Reading »
Estate Planning, Tax Issues, Trusts
But for many seniors, their PSW becomes their best and closest support person. One of the major contributing factors to the poor conditions typically found within Long Term Care has been the shortage of Personal Support Workers. Simply not enough qualified hands to do the needed and necessary work of looking after and caring for frail seniors. This was a problem before Covid and sadly it took many deaths before….
