Business Succession Planning for Families and Generations to Come
Protecting Your Business Legacy
By Jasmine Sweatman •
August 31, 2011
Month: August 2011
Total 22 Posts
Finance and Marriage
By Paul Fensom •
August 30, 2011
35% of Canadian marriages end in divorce before the 25th wedding anniversary. 43% of those divorced individuals re-marry and this leads to estate planning complexity
Ontario Court of Appeal Considers When is a Gift Not a Gift
By Justin de Vries •
August 29, 2011
In McNamee v. McNamee, the Court of Appeal reviewed the essential ingredients of a legally valid gift. The issue on appeal was whether 500 common shares in the family business, which had been transferred to Mr. McNamee Jr. constituted a gift for the purposes of s. 4(2) of the Family Law Act.
Grandfathered Agreements
By Derek de Gannes •
August 26, 2011
My most recent blogs have explored the possible use of life insurance to completely eliminate the capital gain on death (assuming that sufficient insurance was in place) provided certain stop-loss rules do not apply. Not all was lost because, “grandfathered” agreements could prevent the application of the stop-loss rules.
Remembering Estate Planning During and After a Separation
By Laura West •
August 25, 2011
The recent endorsement issued by Justice P.C. Hennessy in Makarchuk v. Makarchuk, 2011 ONSC 4633 serves as a reminder of the importance of considering estate planning issues when spouses are separating.
Is Both a Belt and Suspenders Really Needed?
By Audrey Miller •
August 24, 2011
Is a Capacity Assessment Required if there is an existing Power of Attorney?
Law Commission of Ontario – Older Adults Project
By Jasmine Sweatman •
August 23, 2011
Working with Ontarians to Reform the Law
Estate Planning and Archie Andrews
By Elaine Blades •
August 22, 2011
A short while ago, I decided to divest myself of some comic books I’d been holding onto for many, many years. A quick search on Kijiji led me to a local potential buyer. He offered a modest payment which I accepted.
Rosa Parks’ Estate Tied Up in Litigation as Her Memorabilia Goes to Auction
By Diane Vieira •
August 19, 2011
Almost six years after her death, the estate of civil rights hero Rosa Parks is still being litigated. Court pleadings recently filed with the Michigan Supreme Court reveal details over the fight for control over her estate.
Grandfathered insurance policies
By Derek de Gannes •
August 18, 2011
When the stop-loss rules were enacted, they contained grandfathering provisions that provided relief on dispositions of shares pursuant to “grandfathered agreements” or related to “grandfathered insurance policies.”