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…
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…
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…
Opening a joint account with your child is not a step to be taken lightly. There are undeniably good estate planning reasons for owning property jointly with a beneficiary, since…
There’s nothing that blurs the lines between personal and corporate property quite like a family business. And when the founders die, leaving behind their feuding children, it only complicates matters…
When it comes to powers of attorney, many hands often make heavy work, especially when siblings are involved. Considering the immense responsibility that comes with an appointment under a POA,…
