Putting a Cork in Old World Practices

Thursday, July 26th, 2012

It is perhaps an all too common scenario; husband dies leaving a surviving wife.  Widow is grief stricken, but quickly learns that her spouse of many years was less than generous in his will.  A case of old world practices being imported into the new world?  The husband’s expectation is ...

Ontario Court of Appeal Considers When is a Gift Not a Gift

Monday, August 29th, 2011

Today's blog is written by Angela Casey, a lawyer at de VRIES LITIGATION In a decision released at the end of July, the Ontario Court of Appeal reviewed the constituent elements of a legally valid gift. The issue on appeal in McNamee v. McNamee was whether 500 common shares in the family ...

Probate Tax Planning – Joint Tenancy May Not Always Be the Best Option

Wednesday, November 3rd, 2010

In Ontario, property that a deceased owns as a joint tenant with another person does not form part of his estate for probate tax calculation purposes.  As a result, significant attention is now being paid to the use of joint ownership as an estate planning technique to reduce or avoid ...