I learned these tips from taking car trips
Month: May 2016
We all move through our day generally knowing what to expect. However what about when the phone rings and it is the hospital with news about your parent? What will you do?
Today’s blog was written by Elaine Blades, TEP The Nest, by Cynthia D’Aprix Sweeney, currently sits near the top of several best seller lists. It’s a novel about four adult siblings and how the prospect of their imminent shared inheritance – known affectionately as “The Nest” – affects them individually…
The Canada Revenue Agency recently issued a release to highlight its policies related to missing and uncashed cheques. The release included some reminders and some surprsing information.
In a number of previous Blogs, there have been references to famous families feuding over estates. This Blog is about a similar story except that the subject, Sumner Redstone, is still alive at 92 years of age. For those who don’t know, Sumner Redstone is a media mogul. He currently…
Canada has some catching up to do when it comes to supporting caregivers. If we had the Carer Act in Canada, what would it look like?
Impasses between co-trustees, which are not uncommon, have serious results. They can lead to a standstill in the administration of a trust or estate, to the detriment of the beneficiaries. In those circumstances, the court may decide the issue and direct the trustees on how to move forward. Such was the case in Squillace v Sampogna.
The Canada Revenue Agency (CRA) was asked if there was any change to their view regarding the application of the central management and control (CMC) test in establishing the residency of a trust for provincial income tax purposes in light of the decisions in Discovery Trust v. Canada and Boettger C. Agence du revenu du Québec.
Family charitable foundations are often equally about the family working together as they are about charity. While the purpose of a foundation must be exclusively charitable, the founders’ hope is that future generations of family will have a place to work together and act on their values. But how,…