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Tag: Canada

Total 5 Posts

A Terrific Bday Gift- A Dementia Strategy

Congratulations Canada! 150 years young and we are living longer than ever. Along with long life often comes disability and for many dementia is, in my opinion, the most threatening disease of today. Finally we have joined the ranks of the more progressive countries, those that are preparing themselves for…

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Exporting Canadian Art

  Like most countries, Canada has a cultural property regime designed to protect art and objects of cultural significance.  Inspired by UNESCO Convention (1970), cultural property must get clearance from the Canadian Cultural Property Export and Review Board (CCPERB) before it leaves the country.  Outdated elements of this important system…

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Adult Adoptions: A Method of Manipulating Inheritance Rights

This blog is by Natalie Rouse, Scotiatrust, Scotia Wealth Management. Imagine this scenario: you are the beneficiary of a trust set up under your Mother’s estate. You are entitled to the net income of the trust during your lifetime, with the residue to your children at your death. You have a partner,…

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Donations of Existing Life Insurance Policies

In 2008, Canada Revenue Agency changed the valuation rules for donations of existing life insurance policies to registered charities. Previously, policy donations were receipted for cash surrender value, which many policies don’t contain. Now, policy donations are receipted for the appraised fair market value (FMV), which may exist regardless of…

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Will The Elderly Bankrupt Canada?

Duty, responsibility and obligation are three words often associated with the term caregiver. However, more often than not, burnout, financial stress and leave of absence help portray a more realistic perception of what is associated with being a caregiver.

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