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 2017. Upon reflection, it has been a whirlwind year. Thankfully my family and I experienced good health. However I know this has not been the case for many of you. My work takes me into the lives of many individuals who are not….
Holiday Jingle 2018 Continue Reading »
Elder Care
In today’s world of international families it is not uncommon for a Canadian family to have one or more members that are non-residents of Canada. When that same family has set up a Canadian discretionary family trust that is intended to benefit its members with, say distributions from a family business, a number of complexities arise for the administration of that family trust. Often the trustees of such a family….
Your Family Trust Has a Non-Resident Beneficiary Continue Reading »
Canada Revenue Agency, Estate Planning, Tax Issues, U.S. Citizen
I am sharing my good fortune in that I am proud to be a ‘puppy raiser’ for the Canadian National Institute for the Blind (CNIB).I am doing so in this blog because it relates directly to aging well and philanthropic opportunities. By way of background, CNIB is a national charitable institution that is celebrating its 100th birthday this year. They work with people of all ages in their own homes….
Introducing Ziggy- A Caring Companion Continue Reading »
Philanthropy/Charitable Giving, UncategorizedIn 2009, Hermine Wekerle, mother of financier and Dragon’s Den star, Michael Wekerle, signed an unconditional power of attorney for property giving one of her three daughters, Caron, authority to be her substitute decision-maker. In 2016, acting under the power of attorney for property, Caron agreed to sell a little old chapel on Yonge Street in Thornhill, Ontario, which was purchased by Hermine’s late husband, Anthony Wekerle, in 1994 for….
Sibling Rivalry Over Mother’s Competency Continue Reading »
Family Conflict, Power of AttorneyThe interconnectedness of registered charities and journalism is growing. In this era of digital content explosion and “fake news”, traditional media outlets — especially newspapers — are seeking new ways to serve their communities and survive. Increasingly, public benefit non-profit journalism is becoming a charitable activity. There are estate donors who are interested in supporting this space. In the U.S. non-profit, investigative journalism is well established. In-depth articles funded by….
Journalism and Charities Continue Reading »
Philanthropy/Charitable Giving, UncategorizedAs most of you know, the Disability Tax Credit is a credit to income tax otherwise payable, available for those with a severe or prolonged impairment. It is meant to provide some relief from the additional costs and expenses incurred associated with the impairment. It is also referred to by many as a gatekeeper credit because it is a cornerstone to such programs such as registered disability plans, the working….
The Application for the Disability Tax Credit to be Reviewed: Hallelujah! Continue Reading »
Canada Revenue Agency, Dependant Support, Disability, Elder Care, Geriatric Care Management, In the News, Tax Issues, Uncategorized