CPP AND OAS – A POSTCRIPT
CPP AND OAS – A POSTCRIPT Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Investments, Property, Tax IssuesProperty
Total 144 Posts
Wine – How Liquid is it Really?
In last months’ Canadian Lawyer Magazine, Warren Porter, owner of Iron Gate Private Wine Management, wrote about wine as a liquid asset. When a wine collector dies, teh collection can be very valuable, and if the collection is not specifically dealt with in the Will, the issue becomes: how does an estate trustee realize this value for the beneficiaries?….
Wine – How Liquid is it Really? Continue Reading »
Charitable Giving, Estate Administration, Executors, Interest, Property, WillsTax liability of the deceased
On occasion, the deceased’s estate may not have the cash to cover the tax liability because the assets of the estate are not “liquid” – perhaps valuable real estate. There is a way to defer the payment which requires action on or before the balance due date…..
Tax liability of the deceased Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Interest, Liability, PropertyALTERNATIVES TO ‘SINGLE-PURPOSE’ CORPORATION FOR U.S. ESTATE TAX PLANNING
If you have a “single-purpose” corporation for U.S. estate tax planning, this may be a good time to explore an alternative way of holding U.S. real estate…..
ALTERNATIVES TO ‘SINGLE-PURPOSE’ CORPORATION FOR U.S. ESTATE TAX PLANNING Continue Reading »
Canada Revenue Agency, Canadian and US Tax Treaty, Estate Planning, Investments, IRS, Property, Succession Planning, Trusts, United States, US TaxesWhew, I thought I missed the filing deadline!
From time to time there will be delays that could lead to missed deadlines resulting in tax penalties and arrears interest. All is not lost, however, where the deceased leaves a testamentary trust which would otherwise qualify as a spouse trust…..
Whew, I thought I missed the filing deadline! Continue Reading »
Estate Planning, Executors, Property, Trusts, WillsWill Planning – no simple task… Part 3
As we move along with the topic “Will planning – no simple task”, another circumstance that may require you to give special attention is ownership of a family cottage…..
Will Planning – no simple task… Part 3 Continue Reading »
Estate Administration, Estate Planning, Property, Wills