Estate Planning | All About Estates

Did I mention that January is Alzheimer’s “Do Not Forget” month?

Audrey Miller • January 11, 2011

Frequent memory loss that affects day-to-day function, Difficulty performing familiar tasks
Problems with language, making it difficult to be understood,Disorientation of time and place, including getting lost even in familiar places
Poor or decreased judgment, Problems with abstract thinking, Putting things in inappropriate places
Sudden changes in mood or behaviour . What Can This Be?….

Did I mention that January is Alzheimer’s “Do Not Forget” month? Continue Reading »

Capacity Law, Elder Care, Estate Planning, Family Conflict, Geriatric Care Management, In the News

Terminal Return Deadlines

Steven Frye • January 5, 2011 • 0 Comments

Normally, an individual’s personal tax return is due April 30 (or June 15 if the person or a cohabitating spouse has income from a business). Upon death, this does not change unless the date death is after October 31.

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Canada Revenue Agency, Estate Administration, Estate Planning, Executors

So You Want to Buy a U.S. Vacation Property…

Corina Weigl • January 4, 2011

As the thermometer continues to hover around the zero degree mark, many of us who live north of the 49th parallel begin to think about heading south to take up residence in one of the many sunnier climes the United States has to offer…..

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Canadian and US Tax Treaty, Estate Planning, Investments, IRS, Probate Tax, US Taxes

The Way We Were-The Obits

Audrey Miller • January 3, 2011

It may be unusual that the first section of the paper that I read, is the Sports section. Not to know how the Leafs did but rather to read the births and deaths…..

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Estate Administration, Estate Planning, Family Conflict, In the News

“Fat Cats & Lucky Dogs”

Elaine Blades • December 29, 2010

“If there are no dogs in Heaven, then when I die I want to go where they went”. Will Rogers (1879-1935), American Humorist….

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Estate Planning, Wills

Payment of Tax

Derek de Gannes • December 24, 2010

In many cases, the deemed disposition rules cause significant tax liabilities in the year of death. In this case, some relief is available in the sense that income taxes owing for the year of death may be paid in annual instalments (not exceeding ten) with non deductible interest charged at the prescribed rate from the day taxes should have been paid. ….

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Canada Revenue Agency, Estate Administration, Estate Planning