Estate Administration

Total 501 Posts

Shareholder Loan on Death

• • 0 Comments

There are several ways to extract funds from a business; salary, dividend, bonus or a shareholder loan. When a shareholder withdraws corporate funds by way of a shareholder loan, it will be recorded in the business financial statements and comes with tax implications to the shareholder.  This is because, a shareholder loan that is outstanding for more than one (1) tax year from the end of the tax year in….

Shareholder Loan on Death Continue Reading »

Estate Administration, Estate Planning, Executors, Loans, Tax Issues

When a Parent Asks You to Be Their Executor

• • 0 Comments

Today’s blog has been guest written by Musa Mansuar, Articling Student at Fasken LLP It’s a profound moment when a parent asks you to be the executor of their estate. For many, it’s a conversation that carries both honour and gravity. On one hand, being chosen signals immense trust and confidence; on the other, it signifies a weighty responsibility. Executors play a vital role in ensuring a loved one’s final….

When a Parent Asks You to Be Their Executor Continue Reading »

Estate Administration, Estate Administration and Probate Applications, Executors, Family Conflict, Grief, Trustee, Wills

Disinheritance of Separated Spouses Takes Full Effect

• • 0 Comments

Today’s blog post was written by Latoya Brown, Associate at Fasken LLP. As the year draws to a close, it’s a natural time for reflection and planning. Many will be reviewing the past year, evaluating their goals and making new ones for the new year. In the realm of estates, it’s an ideal time to review your estate plan to ensure it is up to date as well as note….

Disinheritance of Separated Spouses Takes Full Effect Continue Reading »

Estate Administration, Estate Planning, Family Conflict, Separation, Wills

All I Want for Christmas is Legal Ownership of My Yorkshire Terrier

• • 4 Comments

Pictured: My beloved dog, Yuki, in her Christmas tree outfit. When thinking about what to write for this week’s blog post, I realized that I have the last Fasken slot before Christmas. This got me thinking: what can I write that’s relevant to the holidays? It then dawned on me that this is the first Christmas that I’ll be spending with my new dog, Yuki. Coincidentally, there have been a….

All I Want for Christmas is Legal Ownership of My Yorkshire Terrier Continue Reading »

Appeals, Costs, Courts, Estate Administration, Estate Litigation, Estate Planning, Family Conflict, Guardianship, In the News, Joint Tenancy, Separation, Spouse, Succession Planning

EXECUTOR ESSENTIALS: CRAFTING THE ULTIMATE GUIDE TO YOUR ESTATE WITH THE EXECUTOR’S BINDER

• • 1 Comment

The holiday season is often filled with visiting family, friends and relaxation.  It can be that rare moment in the year where our fast-paced lives are put on hold, allowing for an opportunity to regroup and tackle important tasks we’ve been postponing throughout the year. Much like you would schedule a holiday party in your calendar, why not set aside some time to do an overview of your estate planning?….

EXECUTOR ESSENTIALS: CRAFTING THE ULTIMATE GUIDE TO YOUR ESTATE WITH THE EXECUTOR’S BINDER Continue Reading »

Estate Administration, Estate Planning, Executors, Funeral Planning, Wills

Exploring Estate Planning through The Testament

• • 6 Comments

  My husband and I recently went on a trip to Peru to celebrate our 35th wedding anniversary. It was an adventurous 18-day tour, amazing but exhausting. One of my favourite parts was the beginning of our trip when we spent four days at an Amazon jungle lodge. Part of my reason for wanting to go on this trip, and specifically to the Amazon,[1] was because of a John Grisham….

Exploring Estate Planning through The Testament Continue Reading »

Estate Administration, Estate Planning, Family Conflict, Tax Issues, Testamentary Capacity, Wills
Scroll to Top