All About Estates

Category: Costs

Total 13 Posts

Ontario’s Non-Resident Speculation Tax

Recently the Government of Ontario followed the heels of the British Columbia Government by introducing a “non-resident speculation tax” (“NRST”). The NRST will apply to the purchase or acquisition of an interest in residential property located in the Greater Golden Horseshoe (the “GGH”) by individuals who are not Canadian citizens…

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The Latest Census Data: 2016

I am not a big fan of statistics but these figures are worth noting. Today there are more seniors over age 65 than children under age 14. Not only are we living longer but adults over 100 years of age are the fastest growing age group. Today’s life expectancy is…

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Estate Trustee Awarded Costs for Unnecessary Passing of Accounts

In a recent court decision, Pochopsky Estate, the court found the Deceased’s four children (the “Beneficiaries”) jointly and severally liable for the estate trustee’s costs related to an application compelling him to pass his accounts.  The Beneficiaries had obtained an order compelling the estate trustee to account. The court ultimately…

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Taxpayers have rights too!

As a Canadian taxpayer either alive or their estate, you (or your personal representative) has rights in your dealing with the Canada Revenue Agency (CRA) as follows: To receive entitlements and to pay no more and no less than what is required by law. To service in both official languages….

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What Does A Healthy Meal Cost?

A complimentary copy of the Saturday Star was delivered to my door so I had the pleasure of holding a newspaper in my hand while enjoying my morning coffee (note: we have gone ‘paperless’ and I am not a happy convert). The headlines grabbed my attention: ‘Nursing homes feed seniors…

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Looking back and planning ahead

While we are all busy with holiday parties and purchases, please remember that spending wisely today and planning ahead for our later years are related.

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Demystifying the ‘D’ word……

The majority of all dementia is of the Alzheimers type and it affects more woman than men. The ‘D’ word is the new ‘C’ word (cancer, shhhhh) and demystifying the ‘D’ word is what awareness is all about.

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“Looking for a student to live in with my elderly mother in exchange for free room and board. Light care duties only”

Live in care arrangements can take many forms. How about the exchange of room and board for a student living in with granny and helping her with shopping ?

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Where do our taxes go?

Do you know what the average cost of care is in Ontario for a hospital stay? How about the cost of care to remain at home with support services provided by the public sector? The figures may surprize you!

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There is no place like home.

Dorothy was correct, there is no place like home…. and sometimes the powers that be (a strong advocate, a support team and the courts) can get you back there.

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