Archive for the ‘Investments’ Category

DISPOSITION OF JOINT ACCOUNTS: THE LEGAL DOG WAGS THE TAX TAIL?

Wednesday, July 29th, 2015

In past blogs, my fellow contributors have written extensively about the legal and tax implications of joint accounts created primarily to avoid probate fees, but often leading to unintended consequences without the appropriate planning. Recently the Canada Revenue Agency (“CRA”) was asked to comment on the tax implications of the disposition ...

Ethical Investing in Trusts (part II)

Thursday, July 23rd, 2015

This Blog is a continuation of the topic I dicussed in my previous Blog about Socially Responsible Investing’ (“SRI”) in the context of estate & trust administration.  I noted in my last Blog that a Testator or Settlor can expressly permit or mandate investment choices such as an SRI mandate. However, if there are no such ...

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 ...