Archive for the ‘Estate Planning’ Category

Family Conversations and Broken Telephone

Wednesday, September 28th, 2016

Fidelity Investments  released their third survey “Family and Finance” in June 2016. They interviewed families with a parent over age 55 and having an adult child over age 25. The key findings are very interesting. What parents want and what their children THINK they want is very different. 4 in 10 ...

Estate beneficiary of an inter-vivos trust

Tuesday, September 27th, 2016

The Canada Revenue Agency (CRA) was asked if an estate that received property from an inter-vivos trust that is a life insurance policyholder would be a graduated rate estate (GRE) if the estate received property as beneficiary? The definition of a GRE specifies that the estate must be at that time ...