Total 266 Posts
Welcome to the brand new All About Estate’s website! With a new president and a new year, we decided we needed a new look. We have vamped up the website with pictures and a modern aesthetic. Our bloggers have not changed and we will continue to provide you with a variety of voices and topics of interest to the estate, trust and elder care world. Guest bloggers will also drop….
Welcome to the new All About Estates! Continue Reading »
In the NewsUntil Death Do Us Part- or until we need provincially funded care in a Long Term Care Facility. After 70 years of marriage Norman and Mae are told by our government that in order to get the care they need, they need to live separately…..
Until Death Do Us Part- or until we need provincially funded care in a LTC Continue Reading »
Caregiving, Elder Care, In the NewsMany individuals make donations to charities in their Wills. Not only does this fulfill philanthropic goals, but it also provides a tax benefit. Making a charitable gift by will provides donation tax credits which can be used to offset the deemed disposition of capital property that occurs on death…..
Charitable Donation Tax Credits – When Can They Be Utilized? Continue Reading »
Estate Planning, In the News, WillsNo matter who wins the election, any changes to the U.S. Estate tax system won’t likely happen right away but one thing is certain, this election has being very taxing on everyone.
….
Tomorrow is Election Day in the U.S. Continue Reading »
Estate Planning, In the News, Tax Issues, United States, US TaxesRecently the Canada Revenue Agency (the “CRA”) issued a technical interpretation on the application of the income attribution rules under the Income Tax Act (“ITA”) which serves as a good primer particularly when a personal representative is looking at the deceased’s prior year returns with joint accounts and the potential for additional taxes. Mrs. Entrepreneur owned and sold shares of a Canadian-controlled private corporation that were “qualified small business corporation….
ATTRIBUTION RULES AND PLANNING REVISITED Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Administration and Probate Applications, Estate Planning, In the News, Investments, Joint Tenancy, Loans, Property, Small Business, Tax Issues, Trustee, TrustsWhich medical professionals can certify on a Disability Tax Credit Certificate (“Form T2201”), that an individual has a severe and prolonged impairment in physical or mental functions? Can a registered oral surgeon or other oral specialist, licensed to be so by a provincial body be considered to be a medical doctor in that province for the purpose of certifying on Form T2201 that an individual has an impairment in speaking….
DISABILTY TAX CREDIT CERTIFICATE: WHO CAN CERTIFY? Continue Reading »
Canada Revenue Agency, Capacity Law, Disability, Elder Care, Estate Planning, Fiduciary Professions, Geriatric Care Management, Guardianship, In the News, Power of Attorney