Estate Planning

Total 1067 Posts

PRACTICAL SUGGESTIONS FOR LAWYERS ACTING AS EXECUTORS

• • 2 Comments

Working in the estates administration area we are called upon to advise and guide clients on their duties, obligations and responsibilities in connection with their role as the executor for the estate.  What happens when your client is also a lawyer?  This blog is not meant to provide legal advice but rather, it is meant to provide some suggestions. Record Keeping Lawyers acting as executors have the same obligations that….

PRACTICAL SUGGESTIONS FOR LAWYERS ACTING AS EXECUTORS Continue Reading »

Estate Administration, Estate Planning, Executors, Wills

Gifts of Real Estate, with restrictions

• • 7 Comments

Early in my charitable planning career my employer was offered a donation of islands on Georgian Bay.  Surrounding the 100-year-old family cottage were sheds, cabins and boat houses.  The donors had a vision: it would be a children’s camp. It was a stunning property.  Valuable, despite the sagging, mouse-infested buildings.  But this gift by will was contingent and restricted.  It would be a children’s camp, or nothing at all.  The….

Gifts of Real Estate, with restrictions Continue Reading »

Estate Donations, Estate Planning, Philanthropy/Charitable Giving

Reviving a revoked will

• • 0 Comments

It is quite common for a will to begin with a statement that all previous wills and codicils are revoked. This is done to ensure that only the will being executed at that time remains the valid will of the testator, and any prior testamentary instruments no longer desired will not end up being inadvertently  relied upon by a future estate trustee. Less well-known is that a previously revoked will….

Reviving a revoked will Continue Reading »

Estate Litigation, Estate Planning, Succession Planning, Trustee, Wills

Estate Planning for The Likes of Taylor Swift: Considerations for Music Artists

• • 0 Comments

With summer concerts, tours, and music festivals in full swing, I thought I would share estate planning considerations unique to music artists (the performing artists and songwriters, unless specified otherwise, the “artist”). I will use Taylor Swift as an example because the Taylor Swift/Scooter Braun controversy is helpful to my discussion. The Controversy; Nuances Connected to Estate Planning for Music Artists Copyrights are an asset class that should be discussed….

Estate Planning for The Likes of Taylor Swift: Considerations for Music Artists Continue Reading »

Contracts, Estate Planning, Wills

Breaking Up is Hard to Do – Ceasing to be a Canadian Tax Resident may be Easier Said than Done

• • 0 Comments

This blog has been written by Rahul Sharma, Partner, Fasken Martineau DuMoulin LLP, Toronto My blog posts so far this year have focused on the significant volume of new residents to Canada and the associated tax and legal considerations, particularly where new residents are entering the Canadian tax system with assets and investments in their countries of origin or other global jurisdictions.  In this blog post, I flip the discussion….

Breaking Up is Hard to Do – Ceasing to be a Canadian Tax Resident may be Easier Said than Done Continue Reading »

Canada Revenue Agency, Canadian and US Tax Treaty, Estate Planning, Tax Issues, Uncategorized

Tax Implications and Considerations involving the Death of a Shareholder of a Private Corporation

• • 2 Comments

Today’s blog was written by Pritika Deepak, Associate at Fasken LLP This is the last part of a three-part blog series which provides a broad overview of some of the tax implications to consider, with respect to certain assets held at death. Part I, which addresses RRSPs can be found here: https://allaboutestates.ca/what-happens-when-a-taxpayer-dies-with-a-registered-retirement-savings-plan/ and Part II, which addresses exempt Life Insurance Policies can be found here: https://allaboutestates.ca/tax-implications-for-exempt-life-insurance-policies/. Part III of this….

Tax Implications and Considerations involving the Death of a Shareholder of a Private Corporation Continue Reading »

Estate Administration, Estate Planning, Tax Issues, Uncategorized, Wills
Scroll to Top