Total 460 Posts
When opposing a dependant support claim on the grounds that you are upholding the intentions of a testator, as this recent B.C. case indicates, think carefully about the possible cost consequences of so doing before proceeding to trial…..
The Costs of Upholding A Testator’s Intention Continue Reading »
Contested wills, Estate Litigation, Executors, Family Conflict, WillsIn many cases, a deceased person will include charitable bequests in their will. The executor(s) of the estate may not, however, be in a position to honour the bequest in a timely fashion due to the lack of available estate funds on hand. In not all cases will this action (or inaction) frustrate the completion of the final personal tax return…..
Charitable donations made through a will Continue Reading »
Canada Revenue Agency, Charitable Giving, Estate Planning, Trustee, WillsAs I said in my last blog, certain circumstances in either your background or asset base may mean your estate and Will planning requires some added attention. One of those circumstances is ownership of assets in a foreign jurisdiction. ….
Will Planning – No Simple Task… Part 2 Continue Reading »
Estate Planning, WillsWhen making testamentary or inter vivos gifts, parents sometimes want to ensure that provision is made for the spouses of their children, whether it is by including such individuals as potential beneficiaries of trusts or as recipients of outright gifts. ….
Specificity Matters: Defining “Spouses” for Estate Planning Purposes Continue Reading »
Estate Administration, Estate Planning, Spouse, WillsSome fancy footwork may be required to get one last shot at using the remaining capital gains exemption where the deceased’s intention is to transfer his or her assets to a spouse.
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Capital Gain Exemption on the Terminal T1 Return Continue Reading »
Estate Planning, Executors, Small Business, WillsPaul Penna, millionare and founder of Agnico-Eagle Gold Mines Ltd., had a good Estate plan but he made one critical mistake…..
Friendship is like money, easier made than kept Continue Reading »
Estate Litigation, Estate Planning, Executors, In the News, Passing Of Trustees’ and Executors’ Accounts, Trustee, Trusts, Wills