Capacity to Make a Gift
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Capacity Law, Elder Care, Estate Litigation, Family Conflict, Geriatric Care ManagementAre Trusts Going to the Dogs ?
As some of you may know the late Leona Helmsley, a billionare, left her pet Maltese, Trouble, a $12 million trust fund. Her choice to leave this sum to her pet, was branded 3rd in Fortune’s “101 Dumbest Moments in Business” of 2007. In 2008 a court ruling reduced the trust fund for Trouble from $12 million to $2 million with the $10 million going to Helmsley’s charitable foundation. For….
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Estate PlanningRectifying a Will based on a Testator’s True Intentions
Where the language of the Will is unequivocal and approved by the testator, a court will refuse to rectify a will to match the testator’s true intentions…..
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Contested wills, Estate Administration and Probate Applications, Estate Litigation, Estate Planning, WillsCan your TSFA Survive you?
By now, most of us have tax-free savings accounts (TFSA’s). Despite some early (and perhaps ongoing) confusion on as to how they work particularly with regard to deposits and withdrawals, TFSA’s appear to be working fine for all those who have them.
Have you thought about what happens to your TSFA’s upon your death?
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Canada Revenue Agency, Estate Planning, Investments, WillsSo you think you can avoid Uncle Sam…
So you reside in Canada but you’re a U.S. citizen, surely ‘Uncle Sam’ has no right to your Estate on your death. Unfortunately, regardless of whether a U.S. citizen resides in the United States, U.S. citizens are subject to U.S estate taxes when the pass away based on the value of their worldwide estate. A credit is available which does alleviate some of the tax burden by exempting a certain amount from the U.S. estate tax net…..
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Estate Administration, IRS, U.S. Citizen, United StatesTo Drive or Not To Drive
When we were teenagers and our parents allowed us to take the car, they worried about us driving. Now you are worried about them. How do you know if your parent is still able to drive safely? Should they be driving? What should you look for? Who do you contact?….
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Elder Care, Estate Planning, Family Conflict, Geriatric Care Management