Archive for the ‘Estate Planning’ Category

Record retention – what form and how long?

Wednesday, August 20th, 2014

As an executor you may be tasked with organizing the deceased's records and may wonder in what form and how long should those records be kept. The Canada Revenue Agency recently weighed in on the issue in a technical interpretation. In their view, every person carrying on business and every ...

Will It Be a MoCA or Cappuccino?

Friday, August 15th, 2014

A Canadian contribution to the commonly used cognitive screening instruments is the Montreal Cognitive Assessment (MoCA), published by Nasreddine et al in 2005.  Unlike the Mini-Mental State Exam (MMSE) or the clock-drawing test (CDT), the MoCA is designed to detect more subtle impairments of cognition, known clinically as Mild Cognitive ...

Inheritances and the Wealth Transfer in the 21st Century

Thursday, August 14th, 2014

For some time I have intuitively believed that because individuals are living longer that estate transfer values must be on the decline. I also believe this statement jives with Modigliani's 'life-cycle' theory that essentially suggests that individuals accumulate capital primarily for retirement, not necessarily to create an ‘Estate’. Thomas Piketty, a ...