A Perfect Storm

Friday, September 26th, 2014

First, I read an article in Maclean's titled Seniors and the generation spending gap (interestingy, the tablet edition has the more provocative title "Old and Loaded") which discusses how today's seniors are the "wealthiest generation in history". Next, I read Audrey's blog - September is World Alzheimer's Month - where I learned that one ...

Boilerplate Blues

Thursday, September 18th, 2014

Most clauses in a Will are (or should be) clear on their face.  That being said, certain standard clauses  - even when drafted in plain English - may be opaque to the layperson.   The “persons born outside marriage” clause is a good example of a provision which begs an explanation.  In Ontario, ...

A different kind of trust, a different set of rules

Monday, July 28th, 2014

In 21 x 3, I wrote about three, sometimes tricky, trust rules:  the 21-year deemed dispositon rule; the rule against accumulations; and, the rule against perpetuities.  Following the post, I realized I had not been specific enough when a reader - esteemed charitable foundation advisor and former colleague, David Windeyer - ...