Proposed relief for inter-vivos trusts

A recent letter from officials of Tax Legislation Division provides hope for trusts established for an individual eligible for the Disability Tax Credit (DTC) to qualify for the principal residence exemption. Specifically, the letter addressed concerns raised by an adviser in respect of her client regarding the benefit of the client’s DTC-eligible son, who was otherwise ineligible for the principal residence exemption. On October 3, 2016, income tax measures were….

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Elder Care, Estate Planning, Executors

T’was the fight before Christmas: My Holiday Jingle

Back by popular demand, my holiday jingle- hopefully to make you gingle! T’was the fight before Christmas, when all families know, It’s better to forgive than tell them to F. O., Mom probably liked you better, if memory serves, So while I am a P.O.A., she will get what she deserves Come on siblings and get off your butts, I need alittle help, ‘cause I really am going nuts, I….

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Elder Care

It’s Time to Ring in a New Year, A New Decade with Change

Today’s blog is being brought to you by guest blogger, Jennifer Campbell, a law clerk in the Private Client Services group of Fasken LLP. The Ontario government has tabled a new Bill that would see a change to various Acts and would look to simplify court matters.  Bill 161 – Smarter and Stronger Justice Act, 2019 is set to become a reality if it can pass through the legislature when….

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Estate Administration, Estate Administration and Probate Applications

Is Santa thinking about Estate Planning?

This blog was written by Hardeep Nandra As we are getting closer and closer to Christmas Eve, Santa is getting ready to deliver the presents. He is ironing his red suit, polishing his boots, and grooming his luscious beard to make a fancy entrance. Time around Christmas brings joy and delight to everyone around the world, but it also brings a huge amount of stress on Santa, to deliver all the….

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Estate Planning

Dead People Who (Still) Make More Money Than You

  Imagine this – You’re a movie director on the independent film circuit. You need to cast the lead in your latest project, but you’ve spent most of your budget on skinny jeans and fair-trade lattes. You’re looking for someone that personifies being disillusioned, while also being super cool. Someone with star power. Someone ridiculously good-looking. Someone ridiculously cheap. You’re looking for a rebel. Someone so rebellious, that they don’t even….

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Estate Administration, Estate Planning, In the News
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