Total 457 Posts
Thanksgiving 2020 is a time for gratitude and togetherness. It’s a time for us to reflect on the craziness of these past 8 months and to appreciate the things that we have. For others, it’s a time to gather your family around and tell them all the ways they have disappointed you over the past year. I may be confusing that last part with Seinfeld’s Festivus episode, but you can….
The Airing of Grievances Continue Reading »
Uncategorized, Wills
Learning that a loved one or friend who has passed away has left a gift for you in their Will, can be expected or in some cases, it can come as a surprise. You may be entitled to either (i) a legacy which can be in the form of a specific gift of personal property (i.e. a car, painting, jewellery), a gift of cash from a specified source (i.e. TFSA….
You’ve Got Mail – Part One Continue Reading »
Estate Administration, Estate Administration and Probate Applications, WillsThis Blog was written by Suzanna Walter, Estate and Trust Consultant with Scotia Wealth Management On July 9, 2020, I wrote about the importance of road testing your incapacity plan. I would like to outline a similar road test for your Estate Plan. For most people the cornerstone of their Estate Plan is the Will. However, when road testing your estate plan, it is not enough to review just your….
Road Testing your Estate Plan Continue Reading »
Estate Planning, Executors, Uncategorized, WillsIf structuring an estate plan across different Canadian jurisdictions didn’t raise enough considerations for an estate planner, add a different legal system to the mix, namely, Quebec’s civil law. This post focuses on the estate-planning advantages available to clients who hold assets both in Ontario and Quebec, specifically the advantage of probate planning using multiple wills. Quebec Wills In contrast to Ontario, which has four types of wills under Ontario’s….
This Blog was written by: Gali Gelbart, Estate and Trust Consultant, Scotia Wealth Management Survivorship clauses help ensure that the testator’s intentions are carried out, namely by preventing a gift under the will from falling into the beneficiary’s estate and incurring higher administration costs. By specifying a minimum survival period in the will, the gift can instead pass directly to any contingent beneficiaries if the original named beneficiary has passed….
Survivorship Clauses in the Will Continue Reading »
WillsThis Blog was written by: Alicia Godin, Estate and Trust Consultant, Scotia Wealth Management As we approach mid-August, many students (and parents) have turned their minds to the new school year. Although this year post-secondary education may look slightly different for many students with the switch to online learning, it is nevertheless a milestone worth celebrating. This author has taken the liberty of compiling some gift ideas for young adults….
Gift Ideas for the Freshman in the Family Continue Reading »
Power of Attorney, Property, Uncategorized, Wills