Have you had the conversation yet?

It seems as though my last few blogs have all started off with a report on COVID-19 in Long Term Care residences and the number of residents who have died. As of Sunday, May 2, 2020 there are now 170 long term care residences which have outbreaks and 954 confirmed deaths, up from 654. Last week’s blog was on having the conversation and I was going to continue this discussion….

Have you had the conversation yet? Continue Reading »

Caregiving, In the News

Managing a Beneficiary’s Share in Real Property with … Shares! Potential Utilities of Nominee Corporations in Estate Planning

Today’s blog was written by guest blogger, Giancarlo Mignardi, Articling Student at Fasken LLP. For many individuals, their asset of highest monetary value is their real property. For estate planners, this means that often it is important to work with clients to find ways to minimize taxes payable on death in relation to such property. In addition, it may be important to identify ways to have a testator’s real property….

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Intention Governs the Disposition of RRSP converted to RRIFs

In the recent application of Boulos v. Duca, 2020 ONSC 1946, the Court considered the issue of what becomes of a beneficiary designation of an RRSP when the account is converted to a RRIF, and no subsequent beneficiary designation is made. Facts: In the 1980s, Yura Nicola Khagek met a married couple, Edward and Nazha Boulos, through their church. Mr. Khagek became close friends with the Bouloses, and often visited….

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One Conversation Can Make All The Difference

Last week I shared that as of April 19, 2020, there were 112 long-term care homes in Ontario  impacted by COVID-19 outbreaks and as of April 26, there are now 147 facilities affected with 654 confirmed resident deaths. This number is staggering. What I do understand is that many of these individuals are dying without their families close by.  What I am not sure about is how many had advance….

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Caregiving, Elder Care, Geriatric Care Management, Power of Attorney

One Short Year Ago!

Today’s blog is being brought to you by guest blogger, Tracy Parkinson, law clerk in the Private Client Services group of Fasken LLP. Thinking now back to what life was like a year ago, I’d say that we were living “footloose and fancy free” although it might not have felt like it at the time.  I can say for certain that if someone had told me that within a year….

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