Relief From Uncle Sam

Thursday, November 13th, 2014

Uncle Sam has given US taxpayers living in Canada some relief when it comes to holding interests in RRSPs or RRIFs. Prior to the October 7, 2014 IRS announcement, US income tax would be payable by a US citizen or resident alien on income accruing in an RRSP or RRIF, even ...

LEAVING QUEBEC? DON’T FORGET TO PACK YOUR NOTARIAL WILL

Tuesday, October 28th, 2014

The recent case of Morton v. Christian is a reminder to Quebec residents - if you execute a notarial Will, you need to appreciate the manner in which the notarial Will can be revoked. Notarial Wills stem from the Quebec Civil Code. They are executed before a notary, who then registers ...

When can an attorney for property make charitable gifts?

Wednesday, October 1st, 2014

I was recently asked about whether, and when, an attorney for property can make charitable gifts on behalf of a grantor. The answer depends in part on whether the grantor of the power of attorney (the “POA”) is capable of managing property at the time the gift is made. While the ...