VALUATIONS AND REVERSING TAX REASSESSMENTS: Lessons learnt

Monday, June 22nd, 2015

I have been writing about valuations for estate plan agreements, highlighting that they should be based on fair and reasonable methods, prepared in good faith, properly supported and documented at the time of valuation. This approach to valuations should also apply to other estate planning and charitable giving arrangements. Take donations ...

THE IMPORTANCE OF ESTATE PLANNING FOR SAME-SEX COUPLES

Thursday, June 11th, 2015

Today's blog was written by Darren Lund, Associate at Fasken Martineau DuMoulin LLP. June is traditionally the month in which cities around the world hold Pride festivities, and the City of Toronto is home to one of the world’s largest festivals. June, then, is a good time to reflect on how ...

Qualified Disability Trusts: The last of the Trusts with Graduated Tax Rates

Thursday, June 4th, 2015

My fellow bloggers have written about the elimination of the graduated tax rate system for testamentary trusts effective January 1, 2016, which means all trusts except the “Qualified Disability Trust” (“QDT”) and the “Graduated Rate Estate” (“GRE”) will be subject to the top rate of tax on income retained in ...