Estate Planning

Total 1074 Posts

Cottages, Cabins, and Capital Gains

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Scotiatrust

This blog post was written by: Derek Hambly, Estate and Trust Consultant, Scotiatrust London It is that time of year again when cottages, cabins and recreational properties are top of mind. Sitting in traffic getting out of town to get to the lake doesn’t seem so bad when your home-away-from-home is waiting for you…. unless of course you are worrying about the capital gain that has accrued on that property….

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Cottage, Estate Planning, Tax Issues

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

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  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…..

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

Decoding the Mysteries of a Testator’s Intention

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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….

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Cottage, Estate Planning, Family Conflict

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

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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….

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

Paws and Plans: Securing your Pet’s Future

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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….

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Estate Planning, Trusts, Wills

The Last “ism”

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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….

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