Archive for the ‘Estate Planning’ Category

CRA GUIDANCE ON GRADUATED RATE ESTATES

Tuesday, June 30th, 2015

My fellow bloggers have written on the changes to the rules surrounding the taxation of testamentary trusts and estates as a result of the 2014 Federal Budget. Numerous questions regarding these changes were put to the Canada Revenue Agency (the “CRA”) at the STEP Conference earlier this month. Among these ...

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 ...

Ethical Investing in Trusts (part I)

Thursday, June 25th, 2015

It seems like every month, a Charity or a pension plan is making an announcement about how they have changed their investment mandate to incorporate ‘Socially Responsible Investing’ (“SRI”) standards. There is no question we are witnessing a real growth in these types of investment mandates. In fact, a 2015 ...