Total 1074 Posts
In addition to the long list of adminsitrative duties involved in administering an estate, a great number of decisions have to be made. When the Estate Trustee is a company, how are these decisions made?….
The Decision-Making Process Continue Reading »
Estate PlanningFrom time to time there will be delays that could lead to missed deadlines resulting in tax penalties and arrears interest. All is not lost, however, where the deceased leaves a testamentary trust which would otherwise qualify as a spouse trust…..
Whew, I thought I missed the filing deadline! Continue Reading »
Estate Planning, Executors, Property, Trusts, WillsAs we move along with the topic “Will planning – no simple task”, another circumstance that may require you to give special attention is ownership of a family cottage…..
Will Planning – no simple task… Part 3 Continue Reading »
Estate Administration, Estate Planning, Property, WillsCaregiving: 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, Trusts