Generally speaking, the Canada Revenue Agency requires a taxpayer’s consent to speak with someone other than the taxpayer about matters related to the person’s affairs. One may assume the consent requirement is relaxed when the taxpayer is deceased and the deceased’s affairs are in the hands of the estate trustee(s) Think again as this is not automatic.
Month: January 2011
A recent blog by Elaine Blades discussed some of the succession issues arising from recent developments in reproductive technologies. As a recent article in the New York Times demonstrates, the modern funeral service is also not immune from the relentless progression of the technological age. One of the first responsibilities…
Do you know where your parent’s keep their will and other important papers? Financial considerations for those diagnosed with a dementia is significant. Being prepared and helping your parents to be prepared is good planning, no matter what the diagnosis
Is it possible to disclaim a life interest once you’ve already been receiving payments of income or capital, and to accelerate payment of the trust property to the remainder beneficiaries?
From the rights of children to know about their biological origins to the ownership of sperm, the legal issues inherent in assisted human reproduction are ever expanding.
The capacity assessor’s notes confirmed that the testator had testamentary capacity but also raised the issue of undue influence. Summary judgment dismissed on the issue of undue influence
Last time, I wrote about filing deadlines for terminal returns and how these deadlines need to be respected to avoid penalties and interest on taxes owing. What if you don’t have sufficient information to file and the deadline is looming?
If a testator anticipates that disappointed beneficiaries may possibly contest his Will following his death, he may wish to include a “no contest” clause in his Will.
As it is still January and ‘Do Not Forget’ it is Alzheimer’s Month, I will continue blogging on issues relating to living and dying with a dementia.
What steps should a person take when planning to leave their body to science?