In the News

Total 266 Posts

“The Nest” – Not Your Typical Book Review

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Today’s blog was written by Elaine Blades, TEP The Nest, by Cynthia D’Aprix Sweeney, currently sits near the top of several best seller lists. It’s a novel about four adult siblings and how the prospect of their imminent shared inheritance – known affectionately as “The Nest” – affects them individually and collectively. The inheritance was intended by their late father to be a “modest, mid-life supplement” for his four children…..

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

RESP’s – A couple more wrinkles on EAP’s and AIP’s

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In a recent blog, I wrote that the Canada Revenue Agency (“CRA”) was asked whether the six month extension for making educational assistance payments (“EAPs”) out of a registered education savings plan (“RESP”) under the appropriate subsection of the Income Tax Act (the “Act”) can apply when the beneficiary under the plan is deceased and the answer was no because according to the CRA “any payment “to or for an….

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Canada Revenue Agency, Estate Administration, Estate Planning, In the News, Investments, Property, RESP, Tax Issues, Trusts

Challenging Will Challenges – Can they be estopped?

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Will challenges are the cornerstone of estate litigation; indeed, they define the practice area. The reasons for launching a will challenge are relatively fixed: lack of testamentary capacity and undue influence being the most common. Another way of challenging a will is to have it “proved in solemn form.” By seeking to have a will “proved,” the propounder of the will, usually the estate trustee, must demonstrate to the court….

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Contested wills, Estate Administration and Probate Applications, Estate Litigation, Executors, In the News, Wills
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