Total 150 Posts
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…..
Small Business Estate Planning: Choosing Estate Trustees Continue Reading »
Estate Planning, TrusteeA 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…..
Tax Liability of a Deceased Taxpayer Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Liability, TrusteeTestators 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…..
Human Rights and Trusts Continue Reading »
Estate Litigation, Estate Planning, Philanthropy/Charitable Giving, Trustee, Trusts, WillsIn 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….
spousal settlements Continue Reading »
Estate Planning, Investments, Spouse, Succession Planning, Trustee, TrustsAwhile 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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TAX REPORTING OBLIGATIONS FOR TRUSTEE AND EXECUTOR FEES – FOLLOW UP Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Planning, Executors, Liability, Trustee, TrustsAre your actions as attorney for property relevant and therefore discoverable in a will challenge case?….
Discovery of an attorney for property’s action in a will contest case Continue Reading »
Estate Litigation, Executors, Family Conflict, Power of Attorney, Powers Of Attorney and Guardianship Disputes, Trustee, Trustee Disputes, Wills