Where has the time gone? Have you noticed that the older one gets the faster time is? I can’t believe we are almost at the end of 2018. Upon reflection, it has been a whirlwind year. My work takes me into the lives of many individuals who may be in a state of crisis by the time they reach out for assistance. Many are fighting with their families and many….
T’was the Fight Before Christmas Continue Reading »
Elder CareToday’s blog was co-written with Demetre Vasilounis, Student at Law at Fasken LLP. As a new year approaches, people often take a moment to reflect on their lives over the past year and determine ways in which they could have improved themselves. Some may try to realize such improvements through new year’s resolutions, which often involve goals such as improving physical fitness, quitting an addictive habit or curbing wasteful spending…..
New Year, New You: A Retrospective of “Self-Improvement” Will Conditions Continue Reading »
Uncategorized‘Twas the night before probate, when all through the court, Not a lawyer was stirring, not even for a tort, The executors advertised for creditors with care, In the hopes that distant relatives would remain unaware, The beneficiaries were nestled, with comfort in their gifts, But the judge said the second will was uncertain, causing a big rift, The family soured, pointing their fingers in blame, When the deceased’s teenage….
‘Twas The Night Before Probate Continue Reading »
Uncategorized
Today’s blog was written by K. Thomas Grozinger, LL.B, C.S., TEP[1] Principal Trust Specialist, Professional Practice Group RBC Estate & Trust Services Will the holiday season bring a new pet into the family scene? Pets are often considered part of the family, with one survey suggesting that almost 20% of dog owners celebrate their pet’s birthday![2] So it’s no surprise that Canadians want to make sure that their pets are….
Estate Planning for Pets Continue Reading »
Estate Planning, In the News, Philanthropy/Charitable Giving, Trusts, WillsAssume a family trust (“Trust”) which has a December year end owns 100% of an operating company (“opco”). A separate corporation (“holdco”), owned by the founders of opco, is a corporate beneficiary of the Trust. Opco is up for sale. Opco has excess funds which may affect the Trust’s and its beneficiaries’ ability to claim the capital gains exemption. A common technique to purify opco for capital gains exemption purposes….
Capital Gains Exemption Purification before a Share Sale: Be Careful about Timing Continue Reading »
Canada Revenue Agency, Estate Planning, Investments, Property, Small Business, Succession Planning, Tax Issues, TrustsPreviously posted @allaboutestates. A timeless message: Holiday travel is around the corner. Traveling with older parents does require pre-planning and this blog highlights a recent trip accompanying my mother to see her older brother and sister in law who live over 4,000 km away. Like any trip, it required organization but alittle more so to ensure we had: A direct flight, a wheelchair available at both departure and arrival x….
Saying “See You Soon” rather than Goodbye. Continue Reading »
Uncategorized