Estate Planning Lessons from “The Dutch House”

• • 1 Comment

The Dutch House, by Ann Patchett, is an excellent read. However, for those in the estate planning profession, it is also a reflection on what goes wrong when insufficient or no estate planning occurs…..

Estate Planning Lessons from “The Dutch House” Continue Reading »

Business Succession Planning, Estate Administration, Estate Litigation, Estate Planning, Family Conflict, Fiduciary Professions, In the News, Small Business, Spouse, Succession Planning

FAMILY TRUSTS AND DISTRIBUTIONS OF CAPITAL GAINS

• • 0 Comments

Capital gain splitting on the sale of business interests, owned by family trusts with several beneficiaries, continues to be a valuable tool for tax planning purposes, including the opportunity under certain circumstances to access the super capital gains exemption more than once in such a transaction. However, the beneficiaries of a trust who are designated an allocation of proceeds from a share sale and stand to benefit from applying the….

FAMILY TRUSTS AND DISTRIBUTIONS OF CAPITAL GAINS Continue Reading »

Canada Revenue Agency, Small Business, Succession Planning, Tax Issues, Trusts, Uncategorized

January is Alzheimer’s Awareness Month

• • 0 Comments

There has been so much going on that you may not know that January is Alzheimers Awareness month. Covid has taken over as the lead medical concern world wide. However I feel it important to recognize another major health issue that impacts many of us – which is dementia. I have written extensively about living with dementia primarily from the caregiver/family’s perspective, however the voices of those who have dementia….

January is Alzheimer’s Awareness Month Continue Reading »

Caregiving, Elder Care

Endowment Variations

• • 4 Comments

COVID-19 has hit the charitable sector hard, and arts organizations face particular challenges. A recent article in The Globe and Mail about the Banff Centre described closed facilities, lost fundraising, cancelled programs, layoffs, deficits, resignations, and protests. The article also mentioned a request to endowment donors for “permission” to use annual payout of “their” funds for operations, not the designated purpose. One donor, Myra Davis, refused. The money was for….

Endowment Variations Continue Reading »

Philanthropy/Charitable Giving, Powers Of Attorney and Guardianship Disputes, Uncategorized

Legislative Amendments Proposed in Light of Calmusky

• • 0 Comments

On March 16, 2020, the Superior Court of Ontario released its decision in Calmusky v Calmusky. In Calmusky, the Court applied the presumption of resulting trust to a RIF that was designated to a particular beneficiary. The beneficiary was unable to rebut the presumption, and the Court ordered that funds from the RIF were to be paid to the estate. For a more detailed discussion on Calmusky, see Demetre Vasilounis’….

Legislative Amendments Proposed in Light of Calmusky Continue Reading »

Contested wills, Contracts, Estate Administration, Estate Litigation, Estate Planning, Executors, Investments, Joint Tenancy, Resulting Trust, Trusts

Something for Everyone….

• • 0 Comments

There are some days when I can’t believe how fast time is flying by (it’s already January and I still haven’t gotten to ……) and other days when I feel that time is going so slowly (when will this pandemic be over?). So depending on your mood on any day, I thought I would share some valuable resources to address your anxieties, boredom or curiosity. Let’s start with support links….

Something for Everyone…. Continue Reading »

Caregiving
Scroll to Top