Caregiver Awareness Month – A Perfect Storm is Brewing

A storm approaches. The vista of mountains and a man standing upon a mountain that the storm has not yet reached.

May is National Caregiver Month in Canada and with the spotlight on caregiving, a perfect storm is brewing. Caregivers glue together our fragmented health care and social care services. They provide the majority of care as well. Did you know that more health care occurs in the home than elsewhere? The demand for care is growing as our population rapidly ages and fewer caregivers are available, with smaller families often….

Caregiver Awareness Month – A Perfect Storm is Brewing Continue Reading »

Caregiving, Elder Care, Elder Management

Transfers to a corporation can be costly. Beware of corporate attribution.

Part III – Corporate Attribution This blog post has been written by Pritika Deepak, Associate at Fasken LLP. This is the last part of a three-part blog series which provides a high level overview of the attribution rules contained in the Income Tax Act (Canada)[1] (the “Act”). Part I, which addresses personal attribution and Part II, which speaks to trust attribution, can be found respectively at https://allaboutestates.ca/no-good-deed-goes-unpunished-by-the-cra/ and https://allaboutestates.ca/using-a-trust-watch-out-for-attribution/. Part….

Transfers to a corporation can be costly. Beware of corporate attribution. Continue Reading »

Business Succession Planning, Canada Revenue Agency, Estate Planning, Succession Planning, Tax Issues, Uncategorized

Who better to weigh in on the impact of the recent federal budget than a philosophy major?

I’ve nominated myself to provide you with two highlights from last week’s federal budget announcement, and before I get into the nitty gritty, I provide you with a summary of my qualifications for undertaking this task. My undergraduate studies took a rather meandering path through geography, political science, a few language courses and I ended up with something like a quadruple minor in philosophy, feminist political theory, possibly enough literature….

Who better to weigh in on the impact of the recent federal budget than a philosophy major? Continue Reading »

Charitable Giving, Tax Issues

When Will an Estate Trustee Be Personally Liable for Costs?

In Herold Estate v. Curve Lake First Nation, the Court of Appeal for Ontario varied a costs award to provide that an estate trustee be personally liable for costs. In July 2014, the Estate of William Albin Herald (the “Estate”) commenced an application claiming ownership of certain islands in the Trent-Severn Waterway (the “Islands”), on the basis that the Islands were part of Lot 35, which was owned by the….

When Will an Estate Trustee Be Personally Liable for Costs? Continue Reading »

Uncategorized

Incomplete and Unprocessed Beneficiary Designation Held Valid

Anna Chen, Associate, Gowling WLG (Canada) LLP In the recent decision, The Estate of William Harper,[1] the Court was asked to determine whether a two page beneficiary designation form that was missing its first page (the page on which the account number would be indicated) and not processed by the financial institution was valid. Facts William Harper, deceased (the “Deceased”), died on September 5, 2019.  At the time of his….

Incomplete and Unprocessed Beneficiary Designation Held Valid Continue Reading »

Estate Planning, Succession Planning, Uncategorized

Guardianship Applications: Evaluating Decision-Making Capacity of Minors Who Are Soon to Become Adults

Nathan Spaling (my colleague from the Capacity Clinic) and I are often asked to conduct capacity assessments in the context of guardianship applications. On occasion, the application is brought by a parent seeking to be appointed as the guardian of property for a child who is about to become an adult (i.e., the child is nearing their eighteenth birthday). Adults are presumed to have capacity to manage their own property…..

Guardianship Applications: Evaluating Decision-Making Capacity of Minors Who Are Soon to Become Adults Continue Reading »

Uncategorized
Scroll to Top