Estate Planning

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Celebrity Estates – Not Immune from the Trials and Tribulations of Estate Planning and Litigation

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With TIFF in full swing, celebrity worship is in overdrive. However, celebrities also deal with the mundane and there is often nothing glamorous about their estates. In fact, like the rest of us mere mortals, celebrities do not have a lock on getting things right. So often, there is so much money sloshing around, coupled with the absence of a properly drawn will, that estate fights are inevitable. Michael Jackson’s….

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Contested wills, Estate Administration, Estate Administration and Probate Applications, Estate Litigation, Estate Planning, Executors, Family Conflict, Fiduciary Professions, Interest, International, Succession Planning, Tax Issues, U.S. Citizen, United States, US Taxes, Wills

As (More and More) Time Goes By…

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It’s that time of year when we are once again reminded of how quickly time flies.  The start of school signals the end of yet another summer.  And it doesn’t just signal the onset of shorter days and colder weather, but it also reminds us that soon we will be celebrating the start of a new year.  With that often comes the realization that many of those items on our….

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Estate Planning

Fraudulent Conveyances and Your Estate

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It is well known that Ontario testators enjoy the freedom to distribute their estates as they wish (provided their statutory obligations are met); however, the recent case of RBC v. Scarborough, 2019 ONSC 3369, reminds readers to be cognizant of the impact of debts and liabilities upon those who may stand to benefit from an estate, as well as the ramifications of taking steps to deal with one’s estate in….

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Estate Administration, Estate Litigation, Estate Planning, Executors, Joint Tenancy, Loans, Wills

Estate Plan = Peace of Mind

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This blog was written by Hardeep Nandra I am sharing a story of one of my close friends. This friend (Let’s call this person Kay for keeping their identity confidential) of mine is an honest person, good workout buddy, a great father and husband. He would always have a great smile and a positive outlook on life. I have been friends with him since I moved to Edmonton. We usually met….

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Estate Planning, Uncategorized

AGREEMENT RECTIFICATION APPLIED FOR AND ALLOWED!

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Due in particular to the outcome of some recent court cases, many have feared that formal applications to rectify plans would receive a favorable hearing only in the event of obvious clerical errors in the documentation. However a recent court case in the Supreme Court of British Columbia demonstrated that rectification is possible in circumstances where a definite agreement has gone awry in its implementation. In Crean v. Canada, 2019….

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Business Succession Planning, Canada Revenue Agency, Contracts, Estate Planning, Investments, Small Business, Succession Planning, Tax Issues, Uncategorized

The Jeffrey Epstein “Plot” Thickens…Last Will and Testament Signed 2 Days Prior to Death!

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Jeffrey Epstein (“Epstein”) signed a will just 2 days before he was found dead in his jail cell, raising new queries about his final days inside the Manhattan Correctional Centre, where he was awaiting trial on federal sex trafficking and conspiracy charges. This new development adds to what is likely going to be a long battle over the estate of the financier and convicted pedophile. While the criminal charges against….

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Estate Administration, Estate Planning, In the News, Wills
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