Archive for the ‘Wills’ Category

Charitable Donation Tax Credits – When Can They Be Utilized?

Friday, December 2nd, 2016

Many individuals make donations to charities in their Wills. Not only does this fulfill philanthropic goals, but it also provides a tax benefit.  Making a charitable gift by will provides donation tax credits which can be used to offset the deemed disposition of capital property that occurs on death. There have ...

Court of Appeal Confirms New Approach to Costs in Estate Litigation

Wednesday, October 5th, 2016

In a recent court of appeal decision, the court upheld the trial judge's costs award and reiterated the deference allotted to trial judges when exercising discretion to fix costs. In Prelorentzos v. Havaris, the court dismissed the appellant's appeal.  At trial, the appellant was found to be the deceased's common law ...