Trustee | All About Estates

Rosa Parks’ Estate Tied Up in Litigation as Her Memorabilia Goes to Auction

Diane Vieira • August 19, 2011

Almost six years after her death, the estate of civil rights hero Rosa Parks is still being litigated. Court pleadings recently filed with the Michigan Supreme Court reveal details over the fight for control over her estate.

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Contested wills, Estate Litigation, Estate Planning, Executors, Trustee, Trustee Disputes, United States, Wills

Small Business Estate Planning: Choosing Estate Trustees

Laura West • July 5, 2011

The small business owner’s choice of estate trustees is very important to the successful administration of his or her estate and succession of his or her small business. Many factors should be considered when such a choice is being made…..

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Estate Planning, Trustee

Tax Liability of a Deceased Taxpayer

Derek de Gannes • June 9, 2011

A recent Canada Revenue Technical Interpretation confirmed that the tax owed by an estate should first be recovered from the named beneficiaries of the deceased registered plans…..

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Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Liability, Trustee

Human Rights and Trusts

Angelique Moss • May 25, 2011

Testators often draft into trusts conditions that limit the circumstances in which trust property may be distributed to beneficiaries. Some conditions test the boundaries of testamentary freedom, and raise complex questions about the relevance of human rights norms to trusts and estates law…..

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Estate Litigation, Estate Planning, Philanthropy/Charitable Giving, Trustee, Trusts, Wills

spousal settlements

Paul Fensom • May 17, 2011

In my last Blog I wrote about how a surviving spouse received $70 per month for decades. In such a situation a Trustee is needed who will be around for a long time. The following example is at the other end of the spectrum. This example is about Patricia Kluge. For those of you who are not familiar with Patricia, she was at one time married to a billionare television….

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Estate Planning, Investments, Spouse, Succession Planning, Trustee, Trusts

TAX REPORTING OBLIGATIONS FOR TRUSTEE AND EXECUTOR FEES – FOLLOW UP

Steven Frye • April 27, 2011

Awhile ago , I wrote that payments made to trustees and executors usually trigger some form of tax reporting and often, an obligation on the payer to withhold and remit amounts on account of tax. Thanks to some welcome and practical feedback from a concerned blogger, I would like to add a few comments.
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Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Liability, Trustee, Trusts