Estate Planning

Total 1067 Posts

Winner/Gagnant!!!!! Six Estate Planning Considerations For Lottery Winners

• • 1 Comment

  You’ve already beaten the odds — now make sure your fortune doesn’t roll the dice without you. Over the years, I’ve had the privilege of helping lottery winners turn sudden wealth into lasting legacies. Here are six key considerations to keep in mind from an estate planning perspective: Assemble a Strong Advisory Team Winning the lottery is thrilling — but it can also be overwhelming and cause immense anxiety…..

Winner/Gagnant!!!!! Six Estate Planning Considerations For Lottery Winners Continue Reading »

Charitable Giving, Estate Planning, Succession Planning, Trusts, Wills

Decoding the Mysteries of a Testator’s Intention

• • 0 Comments

This blog post was written by Mohena Singh, Associate at Fasken LLP. Imagine a picturesque cottage in Shrewsbury, Ontario, a place filled with family memories and the promise of future gatherings. This cottage, however, became the centre of a legal conundrum after the passing of its owner, Floyd Kersey (“Floyd”), and the subject matter of the case of Spencer v. Spencer et al.. Floyd’s will, crafted in 1983, was meant….

Decoding the Mysteries of a Testator’s Intention Continue Reading »

Cottage, Estate Planning, Family Conflict

(Not So) Happy Little Accidents: The Legal Legacy of Bob Ross

• • 0 Comments

Today’s blog was written by Jessica Butler, Law Clerk at Fasken LLP. Last weekend my husband and I settled in for a typical Sunday night at home – cozy on the couch with a good Netflix documentary. We decided to watch “Bob Ross: Happy Accidents, Betrayal and Greed”. What I didn’t expect was that not even 15 minutes into the documentary, I’d find myself running back to my office to….

(Not So) Happy Little Accidents: The Legal Legacy of Bob Ross Continue Reading »

Business Succession Planning, Contracts, Estate Litigation, Estate Planning, Succession Planning, Trusts

Paws and Plans: Securing your Pet’s Future

• • 0 Comments

Today’s blog was written by Courtney Lanthier, Law Clerk at Fasken LLP. In recent years, I have noticed an increase in the younger generations (specifically my millennial generation) opting to have pets instead of children. This shift can be seen as a result of many economic factors and has ultimately redefined the traditional definition of family. So if pets are effectively “taking the place of” children, shouldn’t they receive similar….

Paws and Plans: Securing your Pet’s Future Continue Reading »

Estate Planning, Trusts, Wills

The Last “ism”

• • 0 Comments
Scotiatrust

This blog post was written by Hannah Zip, Estate and Trust Consultant, Scotiatrust Toronto People over the age of 65 accounted for 19% of the Canadian population in 2023, according to Statistics Canada. This diverse and growing group of individuals commonly encounters ageism, one of the remaining socially accepted “isms”. Ageism is defined by the World Health Organization (WHO) as discrimination against people due to negative, inaccurate stereotypes and prejudices….

The Last “ism” Continue Reading »

Elder Care, Elder Law, Estate Planning, Smart Ageing, Testamentary Capacity

Joint Ownership & Tax Considerations

• • 1 Comment

The benefits of joint property ownership as an estate and probate planning strategy are well known; property vests to the surviving owner(s) on death thus, bypassing the estate and avoiding probate fees. In the right circumstances, joint ownership works great and facilitates the succession of the property. However, what may be overlooked are the potential unintended tax consequences associated with joint ownership. Joint Ownership: Legal vs Tax For legal purposes,….

Joint Ownership & Tax Considerations Continue Reading »

Estate Planning, Joint Tenancy, Probate Tax, Resulting Trust, Tax Issues
Scroll to Top