Estate Administration

Total 509 Posts

Who is a “Spouse”?

• • 1 Comment

A ‘Playboy’ Millionaire’s Legacy The estate litigation of dismembered multi-millionaire Gang Yuan has once again made headlines. Last Friday, the British Columbia Court of Appeal denied leave to appeal by one of five mothers to his children who sought to establish that she was a “spouse” to Mr. Yuan. Mr. Yuan came to Canada in 2007. The ‘playboy’ millionaire fathered 5 children with 5 mothers, while romantically engaging as many….

Who is a “Spouse”? Continue Reading »

Estate Administration, Estate Litigation, In the News, Uncategorized

Eighteen (18) – Capacity to Make a Will, but will you?

• • 1 Comment

This blog has been co-written by Sandra Arsenault, Law Clerk at Fasken LLP and Kassandra Douglas, Durham College Law Clerk Co-op Student at Fasken LLP At 18 years of age, you are allowed to vote in Canada, and chances are, you have had exposure to politics growing up. You likely have some knowledge of how to vote and what to base your vote on. But did you know, at 18,….

Eighteen (18) – Capacity to Make a Will, but will you? Continue Reading »

Estate Administration, Estate Planning, Executors, Wills

Life Interest or Licence to Use?

• • 0 Comments

A person’s house is often their most valuable assets – both monetarily and emotionally. As a result, testators tend to put a lot of thought into who, and how, they wish to leave their house. However, as is always the case, best laid plans often go awry. One example of this, explored in the 2022 Court of Appeal of Ontario decision Barsoski Estate v Wesley, is when it is unclear whether the will gifts someone with a life interest in the house or a licence to use the property…..

Life Interest or Licence to Use? Continue Reading »

Charitable Giving, Contested wills, Estate Administration, Estate Litigation, Estate Planning, Interest, Philanthropy/Charitable Giving, Property, Real Estate, Succession Planning, Wills

Digital Assets: Spotlighting Client User Considerations (Part I)

• • 0 Comments

Today’s blog post was written in collaboration with Adele Ambrose – Student-at-Law at Fasken. It has become clear that the “wait and see” approach to digital assets and digital currency has now shifted to a need for prudent guidance and action by advisors and institutions. According to CoinMarketCap, the total market capitalization for all cryptocurrencies is just under 1 trillion and in 2021 it was at 2 trillion dollars. Though….

Digital Assets: Spotlighting Client User Considerations (Part I) Continue Reading »

Contracts, Estate Administration, Estate Planning, Property, Succession Planning, Uncategorized, Wills

Leaving testamentary gifts vs giving while living – By: Yvonne Mazurak

• • 0 Comments

As others have previously noted on this blog, over the coming years, we will be witnessing an unprecedent transfer of wealth from one generation to the next. While much will be transferring by way of inheritance, some who are in a position to, might wish to consider transferring assets to their families and others while they are still alive. When deciding whether to make lifetime gifts, the first factor to….

Leaving testamentary gifts vs giving while living – By: Yvonne Mazurak Continue Reading »

Estate Administration, Estate Planning, Uncategorized, Wills

The Value of Canadian Tire “Money” in Estates

• • 0 Comments

Canadian Tire “money” has been distributed by Canadian Tire stores for almost 65 years. While CT Money is often dismissed, it may be a mistake to ignore the bills as a potential asset of the estate…..

The Value of Canadian Tire “Money” in Estates Continue Reading »

Estate Administration, Executors, Fiduciary Professions, In the News, Investments, Property, Succession Planning, Trustee, valuation
Scroll to Top