More on Graduated Rate Estates

Tuesday, August 30th, 2016

If someone has a second will pertaining to foreign assets, and the domestic executors either do not know about this second will, or cannot deal with the foreign executors on a timely basis, would the status of the estate as a graduated rate estate (GRE) be invalidated if only the ...

Delay in final distribution from spousal trust

Tuesday, August 2nd, 2016

Where a will is drafted to create a testamentary spousal trust and the will provides that the final distribution date of the trust is three years after the death of the surviving spouse, would the trust be precluded from being a spousal trust. The Canada Revenue Agency weighed in with their ...