Total 1065 Posts
Caregiving: While many embark on this journey unwillingly, some do seek it out. For many, the role is rewarding and fulfilling. For others, the challenge of assuming yet another responsibility becomes overwhelming. Caregiver burnout is the greatest risk factor. ….
The Emotional Cost of Caregiving Continue Reading »
Elder Care, Estate Planning, Geriatric Care Management, In the NewsAwhile ago , I wrote that payments made to trustees and executors usually trigger some form of tax reporting and often, an obligation on the payer to withhold and remit amounts on account of tax. Thanks to some welcome and practical feedback from a concerned blogger, I would like to add a few comments.
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TAX REPORTING OBLIGATIONS FOR TRUSTEE AND EXECUTOR FEES – FOLLOW UP Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Liability, Trustee, TrustsIn a blog that I wrote last December, I commented on a U.S. constitutional challenge that had been launched in response to the U.S. estate tax burden borne by the survivor of a same-sex marriage…..
Update on U.S. Estate Tax Challenge Continue Reading »
Estate Litigation, Estate PlanningAs the issue of caregiving is now getting election coverage, the costs of caregiving need to be better understood. These include tangible costs such as financial expenses, loss of income, as well as other costs, such as emotional challenges and loss of opportunity identified by family members pressed into service to care for an elderly family member.
For those families who decide to purchase care, this article will review the financial cost of hiring a caregiver. ….
The Financial Cost of Caregiving Continue Reading »
Elder Care, Estate Planning, Geriatric Care Management, In the NewsWhen Gertrude Janeway died in 2003, she was still getting a monthly cheque for $70 from the Veterans Administration for a military pension earned by her late husband, John, on the union side of the American civil war that ended in 1865…..
Spousal Trusts work for the short or long term Continue Reading »
Canada Revenue Agency, Estate Planning, Spouse, Trustee, Trusts