Health Minister Eric Hoskins says: “”I can’t overestimate the importance of this component.” “This will provide that much needed break for caregivers who give so much of themselves to provide daily, around-the-clock care for our loved ones.”….
Last year, a son was accused of murdering his parents in Connecticut after they threatened to take him out of their will. There have been a handful of cases over the past century in Canada with similar tragic circumstances. The long established rule in Canada (known as the “slayer rule” in the United States) is that a beneficiary cannot receive a gift from a will if the beneficiary murdered the….
Parenticide Prevents a Beneficiary from Receiving Under a Will Continue Reading »
Estate LitigationThe Canada Revenue Agency (CRA) was asked whether income allocated by a US trust to a resident of Canada retains its nature as a dividend…..
Income allocated by a US trust Continue Reading »
Canada Revenue Agency, Estate Planning, Executors, Investments, Tax IssuesA Trust Company is the only legal entity that can act as a trustee by holding property in trust for such functions as executors, trustees, and administrators of estates and personal trusts…..
Will Drafting Ideas From a Different Perspective Continue Reading »
Estate Administration, Estate Planning, Executors, Trustee, WillsIn my last blog I noted that at the recent STEP conference, representatives of the Canada Revenue Agency confirmed that the introduction of the new qualified disability trust (“QDT”) rules had not restricted the ability to use the preferred beneficiary election, provided the requirements for the preferred beneficiary election are otherwise met. In this blog I will outline in more detail the elements of the preferred beneficiary election. The definition….
THE PREFERRED BENEFICIARY ELECTION Continue Reading »
Estate PlanningWhat does ‘ALOHA’ mean to you? In the caring world- or at least in the Hollywood-type caring world, and in the movie “The Fundamentals of Caring” the acronym stands for: Ask, Listen, Observe, Help, Ask Again. Caregiving is so much more…..
“The Fundamentals of Caring” Continue Reading »
Disability, Elder Care, Geriatric Care Management