Counting on an inheritance is a risky business. In a recent Money.ca article, the personal finance outlet spoke with a 70-year-old Nova Scotian who had based her retirement plans around…
Testators who “trust” their heirs to take certain actions are taking a big chance. Many people use their will to express their hopes and desires about what will happen to…
If you’ve ever been frustrated by a social media company’s customer service, just imagine how your heirs will fare after you’re gone. In the absence of legislation on the subject,…
The era of the reportable bare trust has begun. After a series of false starts, the Canada Revenue Agency has confirmed that bare trusts with a 2026 year-end will finally…
Abuse of a POA could cost the perpetrator much more than money – it could also cost them their freedom. In a recent criminal case, Ontario Superior Court Justice Graeme…
Bare trusts are getting one last reporting reprieve. The Canada Revenue Agency’s recent announcement that it did not expect bare trusts to comply with its general trust reporting requirements for…
When your legal fees are the same size as the entire estate you’re fighting over, you know something has gone wrong. One of the enduring and recurring lessons that I…
Ontario is one step closer to recognizing electronic wills after a judge cast doubt on the province’s apparent ban. In a recent Ontario Superior Court case, the judge was asked…
Mirror wills are among the most common choice for married couples getting their estates in order. The technique sees both partners executing their own, almost identical will, each naming the…
A power of attorney or executor appointment should come with a guidebook. And they soon could, if some financial consumer advocates get their way. Writing for Investment Executive magazine, Mark…
