Keeping your small business in the family just got a lot more attractive after the passage of recent tax law amendments. Bill C-208, one of the rare private member’s bills to make it onto the statute books, changes the treatment of intergenerational share transfers for small businesses, family farms or
You know that a tech trend has gone mainstream when it makes it onto Saturday Night Live. Earlier this year, the long-running comedy show tackled non-fungible tokens via the medium of rap parody with an Eminem style song that explained how these digital assets verify their uniqueness via blockchain transactions
Keeping your beneficiary designations up to date can save your heirs time and money. Although they’re often forgotten by testators, the beneficiary designations on things like RRSPs, life insurance policies and Tax-Free Savings Accounts, are a critical part of any estate plan. First of all, naming someone to receive the
Owning your home is not a free pass to do what you want with the land around it. That’s why a key part of the searches lawyers conduct before a real estate deal goes through is checking what easements are registered on title. In basic terms, an easement grants someone
Fewer places are more important to a testator than the family home, but it doesn’t always get the attention it deserves in an estate plan. As typically the most valuable single asset in any estate, it stands to reason that the family home is also one of the more likely to cause
The Canada Revenue Agency could be watching when you flip your home, especially if it happens too often. If you’re lucky enough to get hold of some of the province’s scarce lumber and building supplies this summer, there has rarely been a better time to renovate and sell your home,
