Archive for the ‘Estate Administration’ Category

Caught by Unintended Consequences

Friday, June 26th, 2015

Last week we spoke about domestic contracts and will drafting. This week we shift to situations of incapacity – where the spouse with the support obligations becomes incapable.  As we know, once an individual becomes incapable of managing their own property, his or her attorney or guardian of property will ...

VALUATIONS AND REVERSING TAX REASSESSMENTS: Lessons learnt

Monday, June 22nd, 2015

I have been writing about valuations for estate plan agreements, highlighting that they should be based on fair and reasonable methods, prepared in good faith, properly supported and documented at the time of valuation. This approach to valuations should also apply to other estate planning and charitable giving arrangements. Take donations ...

Reaffirming Intentions when drafting a Will

Wednesday, June 17th, 2015

Those of us involved in estates generally, and certainly those in estate litigation, know that ultimately what we do is record a person’s intention.  A person’s intention is what is most important when talking about their estate and the transfer of wealth. We hear it again and again with respect ...