Rushed DIY will ends up in court
If there’s anything worse than a do-it-yourself will, it’s one written in a rush. I understand the money-saving draw of will kits – a longtime staple at stationers across the…
Estates law in full effect treating separated couples as if they were divorced
Ontario estates law may have caught up with common sense on the property rights of separated spouses after a landmark amendment finally took full effect. Section 17 of the Succession…
91-year-old’s brother ousted as POA after misappropriating funds
Don’t let the power (of attorney) go to your head. Unless they’re in the business of wills and estates, appointees under a power of attorney for property are often surprised…
Widow defeats CRA in fight over husband’s $100k RRSP
An Alberta widow has scored a big win for taxpayers and estate planners across the country after fighting off a claim by the Canada Revenue Agency against her deceased husband’s…
Obstructive sister removed as co-executor of father’s estate
Nothing stirs up old sibling rivalries like the death of a parent. In my line of work, it’s not uncommon to see brothers and sisters in their 50s and 60s…
4 reasons parents should stop procrastinating on making a will
As the cost-of-living crisis continues, Canadians are finding it easier than ever to procrastinate on making a will. Parents and their children struggling with higher rents and rising inflation understandably…
Death binders: the latest estate planning trend
Death binders are in style in estate planning and this is one trend I can definitely get behind. The idea is for the binder to serve as a kind of…
‘Wishing’ for will-drafting clarity
Testators should take care when “wishing” for certain outcomes in their will. As the sister of a deceased Thunder Bay man recently discovered, not every wish, hope, desire or other…
Husband’s estate ordered to return $5.4m taken from wife via POA
Breach your marital duties and you could end up in trouble with your spouse, but breach your fiduciary duties under a power of attorney and a court could get involved.…
Bare trust reporting rules in flux
Bare trusts are getting a reporting reprieve. Beneficiaries of this common form of trust (and their lawyers) will be breathing a sigh of relief after the Canada Revenue Agency announced…
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