Archive for the ‘Estate Planning’ Category

Mother and Daughter Joint Tenancy Gone Awry

Friday, July 29th, 2016

Written by: Brittany Sud, Associate at Fasken Martineau DuMoulin LLP We know from Pecore v Pecore, 2007 SCC 17 that when a parent gratuitously transfers title into joint tenancy with the parent and adult child as joint tenants, there is a presumption of resulting trust. Where there is sufficient evidence to ...

Adult Adoptions: A Method of Manipulating Inheritance Rights

Thursday, July 28th, 2016

This blog is by Natalie Rouse, Scotiatrust, Scotia Wealth Management. Imagine this scenario: you are the beneficiary of a trust set up under your Mother’s estate. You are entitled to the net income of the trust during your lifetime, with the residue to your children at your death. You have a partner, but ...