While Toronto is voting for a new mayor today, I thought I would highlight some issues that are front and centre for me. They don’t appear to be in anyone’s election campaign but regardless, they are very important to those of us are interested in supporting aging Canadians. Solo seniors: Women are outliving their male partners and many woman find themselves on their own- by choice or circumstance. There are….
Monday, Monday…… Continue Reading »
Elder CareToday’s blog is written by Jessica J. Butler, Law Clerk at Fasken LLP. The world of wills and estates is a complex one, and it can be easy to lose sight of the bigger picture. A refresh of keystone practice elements can help remind us to see the forest through the trees. In this blog, we’ll work through some of the basics of gifting using the concepts of ademption and….
Gifting 101 – Ademption and Abatement Continue Reading »
Estate Planning, Property, Wills
A few months ago the Ontario Court of Appeal released its decision in Palichuk v. Palichuk, 2023 ONCA 116 (CanLII) (“Palichuk”) which upheld the decision of the applications judge. The applications judge dismissed a guardianship application and awarded costs against the appellant. The appellant sought guardianship of her mom and alleged that her mom lacked capacity to execute a will, powers of attorney for property and personal care, and transfer….
We are in the midst of a longevity revolution where people live longer and healthier lives. Economists in the US and UK have written about the longevity dividend or the benefits we could realize with this significant societal shift. Canadian institutions such as governments, corporations, and academics are starting to take note. The Longevity Dividend Last week, I attended a conference at the University of Toronto entitled the “Future of….
Leveraging the Longevity Dividend – in an Ageing Canada Continue Reading »
Elder Management, Estate Planning, Smart Ageing
Today’s blog was written by Courtney Lanthier, Law Clerk at Fasken LLP. As I’m sure many of us know, it can be very easy to accumulate “things” over the years, and sometimes we really only discover how much we actually have during a move, or when cleaning out the contents of a loved one’s home after their passing. Being an ‘acquiror’ of things – memorabilia for a favourite sports team,….
Personal Effects – to Bequest or not to Bequest Continue Reading »
Estate Planning, Executors, Family Conflict, WillsCharitable endowments are having a challenging moment. Despite the historical success of this medieval European charitable fund structure, the accumulation of capital for public benefit has always faced controversy. Endowments, which focus on long-term public benefit, have a built-in tension between capital and annual spending. Does the capital exist to provide steady future good, or could it be used better now? Canadian Context Canadian private and public foundations hold….
The Perpetual Debate over Endowments Continue Reading »
Charitable Giving, Philanthropy/Charitable Giving, Uncategorized