Archive for the ‘Estate Administration’ Category
Tuesday, May 21st, 2013
Sometime ago I wrote about the availability of the principal residence exemption to trusts for example a cottage trust under certain circumstances.
Did you know there is a limit to how much land you can include in a principal residence exemption?
Normally an exemption would include land of ...
Posted in Estate Administration, Estate Litigation, Estate Planning, Executors, Investments, Trusts, Wills | No Comments »
Wednesday, May 15th, 2013
In the case of Vincent v. Blake, Cassels & Graydon LLP the defendants brought a motion for summary judgment on the basis they did not owe a duty of care to the plaintiff therefore there was no genuine issue requiring a trial.
This case is quite complicated; however, the basic facts ...
Posted in Estate Administration, Estate Litigation, Estate Planning, Executors, Wills | No Comments »
Friday, May 10th, 2013
Mr M has settled an irrevocable trust which qualifies as a joint spousal trust (or common-law partner trusts) pursuant to the applicable sections of the Income Tax Act governing trusts. The main beneficiaries of the trust are Mr. M and Mrs. W, both of whom are Canadian residents. The trust ...
Posted in Estate Administration, Estate Litigation, Estate Planning, Executors, Family Conflict, Investments, Joint Tenancy, Trusts, Wills | No Comments »