In the News

Total 266 Posts

Thank You for Being a Friend – The Legacy of Betty White

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Today’s blog has been written by Jessica J. Butler, Law Clerk at Fasken LLP Betty Marion White was born on January 17, 1922 and passed away at her home on December 31, 2021 – just 17 days shy of her 100th birthday. “I feel like crawling under the covers and eating Velveeta right out of the box” – a quote from one of Betty’s most well-known performances as on The Golden….

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Charitable Giving, Estate Planning, In the News, Philanthropy/Charitable Giving

The Golden Girl’s Estate

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Betty White was one of those rare celebrities that everyone loved. Working in the estate industry, we can’t help but talk about the wills of the rich and famous. You would be surprised to know about the planning considerations that have come up with Betty’s estimated $75 million dollar estate. Golden girl? More like multi-platinum…. One of Betty’s greatest legacies is helping animals through advocacy, volunteering and making generous donations…..

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In the News

Digital Assets and RRSP’s, TFSA’s, RESP’s, etc

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Do digital assets  e.g. cryptocurrencies (such as bitcoin, ethereum) non-fungible tokens,  qualify as investments in deferred tax vehicles such as Registered Retirement Savings Plans (RRSP’s), Tax Free Savings Accounts (TFSA’s), Registered Education Savings Plans (RESP’s) and Registered Disability Savings Plan (“RDSP’s). The simple answer is no and maybe. This issue came to my attention recently when a client asked me to assist him with a formal request to reverse a….

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Canada Revenue Agency, Estate Planning, In the News, Investments, RESP, RRSP, Tax Issues, Uncategorized

Improvements for LTC, is it the dawn of a new era?

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This month there has been several very interesting announcements relating to Long Term Care. On a Federal level, Kamal Khera is the new Minister of Seniors.  Mr. Raymond Cho, continues on as Ontario Minister of Seniors and Accessibility, although I have not heard or seen much from his office. I wonder if perhaps there should be a Minister FOR Seniors rather than ‘of’ Seniors…. There is however some great news regarding….

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In the News

Assessing Drake’s Estate Planning Needs

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As a Toronto native, I couldn’t help but listen to rapper Drake’s highly-anticipated new album Certified Lover Boy, which he released just a few weeks ago. In fact, it has been enjoying record-breaking streaming numbers from music fans around the world, amassing a staggering 153 million global Spotify streams in its first 24 hours of release. Drake and his music are clearly influential on a global level. Drake’s songs have….

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Estate Administration, Estate Planning, In the News, International, Probate Tax, Property, Real Estate, Succession Planning, Tax Issues, Wills

Supporting Seniors: An Important Election Issue

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There is a lot going on this month, including World Alzheimers Awareness Month.  However the election takes priority for me.  Next week’s blog will focus on dementia issues but for today, the focus of this blog is on what the federal parties are considering regarding supporting seniors and their caregivers. Canada has both a Dementia Strategy as well as a National Seniors Strategy that both require careful attention. Issues that….

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Elder Care, In the News
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