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Interment Rights in Ontario: What You Need to Know

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Today’s blog was written by Demetre V. student at law. While the majority of estate planning typically revolves around how a testator should plan to take care of their loved ones after their death, a sometimes-overlooked component of estate planning involves how a testator should plan to take care of their own body after their death. Indeed, burial considerations, as well as the interment rights to be buried in a….

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Trust in the Raptors

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Sports/Estates fans, we’re in that period during the year where playoff hockey and basketball overlap with the beginning of the baseball season. A lot of questions come up for fans during this time: He’s making HOW much?How can the team get out of that guy’s contract?What would happen if the Boston Bruins spontaneously combusted in the middle of their playoff game? For this week’s blog, I thought I would cover….

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Contracts, Estate Planning, In the News, Trusts, Uncategorized

Individual Pension Plans Revisited (Again) – What about Pension Transfers?

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When a member of an employer sponsored pension plan ceases employment, the member may receive a lump sum payment for the commuted value of their pension rights, exposing that member to a significant tax bill, as only a limited amount of the payment can be transferred to an RRSP. There exists the possibility of using the pension payout to fund an IPP. Under the right circumstances this may permit the….

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Business Succession Planning, Canada Revenue Agency, Estate Planning, In the News, Property, Small Business, Tax Issues, Uncategorized

Undue Influence in Estate Planning

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This Blog was written by: Alicia Godin, Estate and Trust Consultant, Scotiatrust Historically the area of estates was not particularly litigious, but as families and financial circumstances become more complex, litigation involving estates has become more frequent. Frequently touted, but notoriously difficult to prove, is the allegation of someone being unduly influenced in making their Will. A client of mine (let’s call him Derek) passed away leaving behind his (younger)….

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Capacity Law, Estate Litigation, Uncategorized, Undue influence

Butterfly, Eden Alternative and Green House Project coming to Toronto funded Long Term Care homes- sometime down the road.

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 As you know we have had a crisis in our Long Term Care homes. Not enough beds and not enough staff. I have blogged extensively on the subject.  However there is some light starting to shine through.  As you may know the City of Toronto operates 10 long term care homes (2,600 beds), including: Bendale AcresCarefree LodgeCastleview WychwoodCummer LodgeFudger HouseKipling AcresLakeshore LodgeSeven OaksTrue Davidson Acres andWesburn Manor Councillor Josh Matlow….

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Elder Care, Uncategorized

Electronic Beneficiary Designations for Insurance Products

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In 2018, the Ontario government introduced amendments to the Pension Benefits Act to permit pension plan administrators to accept electronic beneficiary designations. Specifically, the Pension Benefits Act was amended to include the following provision (among others): Electronic designation of beneficiaries 30.1.1  (1)  Despite anything to the contrary in the Succession Law Reform Act, an administrator may permit members, former members and retired members to designate beneficiaries electronically for the purposes….

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