Archive for the ‘Estate Administration’ Category

Testamentary Freedom and the Indian Act Part II

Thursday, May 28th, 2015

After my blog post last week on Testamentary Freedom and the Indian Act, I was asked whether the limits on testamentary freedom for those deemed to be “Indians” under the Indian Act, R.S.C. 1985, c. I-5 only apply to “Indians” who live on reserves. To summarize the previous post, the ...

Testamentary Freedom and the Indian Act

Tuesday, May 19th, 2015

The freedom to dispose of property in a will is one of the most important property rights that Canadians possess. However, this right is circumscribed for certain Canadians if they are deemed to be “Indians” under the Indian Act, R.S.C. 1985, c. I-5. The Act provides that “all jurisdiction and ...

BITCOINS: does a digital currency create a foreign reporting requirement

Friday, May 15th, 2015

Sometimes you just never know what kind of assets or property you are going to find in an estate. In determining the nature and extent of the assets held by the estate, suppose you found a direct or indirect interest in a digital currency fund such as Bitcoins. The Canada Revenue ...