Archive for the ‘Guardianship’ Category

Guardianship Provisions

Friday, January 9th, 2015

For people with children under the age of 18, having an effective guardianship provision in one’s Will is essential. Although clients are generally aware of the need to include this provision, there’s often more to consider than might appear at first glance. Here are some significant and sometimes over-looked considerations ...

Beneficial ownership of a principal residence for tax purposes: A question of Law and Fact

Friday, November 14th, 2014

Let’s say, your parents place legal title of their house in your name for health reasons. However, your parents continue to reside in the house and pay all the household expenses. Then your mom passes away. Your dad continues to reside in the house until sometime later at which ...

Young Carers: The Canadian Version

Tuesday, September 30th, 2014

Statistics Canada released last week (Sept 24, 2014) the latest data on Young Canadians providing care. This information uses data from the 2012 General Social Survey on Caregiving and Care Receiving. In 2012, 27% of young Canadians between the ages of 15 and 29 provided some form of care to ...