Succession Planning

Total 150 Posts

Nuances with registered plans: Things to remember

• • 0 Comments

Today’s blog was written by Kelsey Buchmayer, associate with the Ottawa office of Gowling WLG (Canada) LLP Registered plans are an important factor to consider in an individual’s estate planning, whether it’s from a tax-planning perspective, bypassing probate and probate fees, or distributing assets in a specific manner. There are however some nuances when it comes to registered plans that should be kept in mind. Appointing a Successor Holder for….

Nuances with registered plans: Things to remember Continue Reading »

Succession Planning, Tax Issues

U.K. Tax & Inheritance Tax – What’s New?

• • 0 Comments

There have been many changes since my article on the U.K. Inheritance tax (“IHT”) applying to a Canadian resident. Indeed, we’ve seen a Spring U.K. budget introducing an overhaul of the U.K. resident non-domiciled individuals (“non-doms”) regime, a U.K. election bringing a new government and another Autumn budget. It has been an exhausting few months keeping up with the U.K. tax changes. What does it mean to Canadians? IHT Moving….

U.K. Tax & Inheritance Tax – What’s New? Continue Reading »

Estate Administration, Estate Planning, International, Succession Planning, Tax Issues

“Can you tell me a bit about your practice?”

• • 0 Comments

This week, like many law firms in Toronto, Fasken participated in the annual 2L student recruitment process. I had the opportunity to meet many wonderful students, all with impressive backgrounds and bright futures ahead. I was asked by many of the students about my practice, and what I enjoyed most about estate planning. It was a great opportunity to reflect on what I love about my work. I thought I….

“Can you tell me a bit about your practice?” Continue Reading »

Estate Planning, Practice Management, Succession Planning, Wills

The New Canadian Entrepreneurs’ Incentive and Your Succession Plan

• • 0 Comments

Donya Ashnaei articling student and Maddi Thomas, associate, Gowling WLG (Canada) LLP Introduction Following a year marked by low GDP growth, high inflation, and rising interest rates, the federal government unveiled several proposed measures in Budget 2024, including an increase in the capital gains inclusion rate from 50% to 66.67% for corporations and trusts, and from 50% to 66.67%  on the portion of capital gains realized in the year that….

The New Canadian Entrepreneurs’ Incentive and Your Succession Plan Continue Reading »

Succession Planning, Tax Issues

The Ultimate Paper Anniversary Gift: Why a Will Is an Act of Love

• • 4 Comments

Today’s blog was written by Jessica Butler, Law Clerk at Fasken LLP. This past Tuesday, October 15th, marked a significant milestone for me an my husband – one whole year of marital bliss! With the traditional first-anniversary gift being paper, I found myself thinking about a particularly profound paper: a Will. It’s a testament to caring, a document that conveys love through its protective intent – the ultimate love letter,….

The Ultimate Paper Anniversary Gift: Why a Will Is an Act of Love Continue Reading »

Dependant Support, Estate Planning, Spouse, Succession Planning, Wills

Lam v Law Estate: Gender bias permits variation of discriminatory will

• • 0 Comments

Today’s blog post was written by Latoya Brown, an Associate at Fasken LLP. The discussion of discriminatory wills continues with a new case out of the British Columbia Supreme Court. In Lam v Law Estate, 2024 BCSC 156, the court varied a testatrix’s will on the reasoning that the testatrix’s bias did not meet contemporary standards of fairness. The testatrix was survived by her two independent adult children, her son….

Lam v Law Estate: Gender bias permits variation of discriminatory will Continue Reading »

Capacity Law, Caregiving, Compensation, Contested wills, Courts, Dependant Support, Elder Law, Estate Administration, Estate Administration and Probate Applications, Estate Litigation, Estate Planning, Family Conflict, Succession Planning, Uncategorized, Wills
Scroll to Top