The Substance Rule: Lang-Newlands v Newlands

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This blog has been written by Darren Lund, Partner at Fasken LLP I previously blogged about the trial level decision Newlands: A New Interpretation of Estate Freezes in the Family Courts? and a subsequent motion Newlands Revisited: Moving to the Appeal in Lang-Newlands v. Newlands, a family law case that dealt extensively with equalization claims in the context of intergenerational wealth planning involving multiple estate freeze transactions. The Ontario Court of Appeal….

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Family Conflict, Separation, Succession Planning, Trusts, Uncategorized

The Great Wealth Transfer Is Female: Why Estate Planning Professionals Must Adapt

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Scotiatrust

This blog post was written by: Jo-Anne Stark, Practice Lead, Scotiatrust Western Region   Reports indicate that by 2028, women in Canada will control nearly $4 trillion in assets.[1] In just the past decade, that figure will have doubled. The implications for estate planning professionals are profound. The most significant wealth transfer in Canadian history is already underway as assets pass from one generation to the next and surviving spouses….

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Estate Planning, Succession Planning

Five Practical Tips for Preparing and Reviewing Estate Accounts

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Estate trustees have a duty to keep accurate records of estate assets and transactions throughout their administration and to account to beneficiaries at appropriate intervals. The estate accounts tell the story of how estate assets were collected, managed, spent, and distributed. Once that accounting has been provided, estate trustees may seek a discharge for the period covered by the accounts, either through beneficiary releases or a court passing of accounts…..

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Estate Administration, Executors, Passing Of Trustees’ and Executors’ Accounts, Trustee, Trustee Compensation

What Makes an Estate “Complex”? It’s About More Than Wealth

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Scotiatrust

This blog post was written by: Jean Yong, Estate and Trust Consultant, Scotiatrust Toronto   One of the most common things I hear from clients is, “I don’t think my estate is that complicated.” What they’re often really telling me is, “I don’t have enough money for estate planning to matter.” It’s an understandable assumption. When we hear the term complex estate, we tend to picture multiple properties, private corporations, substantial investment portfolios….

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Estate Administration, Estate Planning

Estate Freezes and Calculation of Net Family Property: Lang-Newlands v. Newlands

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Last week the Ontario Court of Appeal released its decision in Lang-Newlands v. Newlands, 2026 ONCA 530 (“Newlands”). (Previously, Darren Lund blogged twice for All About Estates on the lower court decision and its potential impact on estate freezes. See here for Darren Lund’s blog posted on July 4, 2025). The decisions of the ONCA in Newlands and of the lower court are important for estate and tax planning, family….

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Family Conflict, Separation, Spouse

U.S. Estate Planning & Step-Up in Basis: A Key Rule for Inherited Assets

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When advising Canadian clients with cross-border estate planning considerations involving U.S. beneficiaries, the step-up in basis is an important tax concept that can materially affect the beneficiary’s after-tax outcome. A step-up in basis is a significant U.S. tax rule that may affect the capital gains tax payable when inherited assets are later sold. In general, an asset’s tax basis begins with its original purchase price and may be adjusted for….

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Estate Planning, IRS, Succession Planning, Tax Issues, U.S. Citizen, US Taxes
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