This post reviews the Ontario “Non-Resident Speculation Tax” (“NRST”), and draws attention to an important possible effect to be aware of on land conveyances involving trusts in the province. This post is a refresher and update to Corina Weigl’s post in June, 2017, which was posted shortly after the proposal…
Month: June 2019
Total 16 Posts
It’s hard to underestimate the importance of the Special Senate Committee on the Charitable Sector report to that was released on June 20th. After almost 18 months of hearings and consideration, this once-in-a-generation study came up with 42 recommendation on topics ranging from volunteerism, social enterprise, regulatory system, and judicial…
NoticeConnect, which is a one stop shop for estates to advertise for creditors and provide solutions for those seeking to collect from estates has recently added a new element – an online Canada Will Registry. The Canada Will Registry went live in early June 2019. On the “Digital Will Vault”,…
Today’s blog is being brought to you by our guest blogger, Anna Chen Last week, Gillian Fournie wrote a blog about the recent Nova Scotia Supreme Court decision in Lawen Estate v. Nova Scotia (Attorney General), 2019 NSSC 162. The court held in that case that certain dependants’ relief provisions…
Coming soon to Scotiabank Theatre…… *Read using a Movie Trailer Voice* In a world where hackers and evil corporations make billions using your personal information. A world where liberty is at the mercy of data breaches. There’s one thing that can’t be breached: A Fiduciary Duty Dwayne “The…
Recently, the Canada Revenue Agency released a technical interpretation to clarify the commentary in the T4001 Employer’s Guide – Payroll deductions and Remittances, and the T4011 guide, Preparing Returns for Deceased Persons, in respect of income payable at death but not actually paid until the subsequent year. The CRA confirmed…
June 15 is World Elder Abuse Awareness Day. I continue to be saddened by the many different ways that elders can be taken advantage of. Financial abuse is one of the types identified, included with physical and emotional abuse as well as with neglect. There are some telltale signs that…
You may recall I wrote a blog post last year on the Supreme Court of British Columbia decision, Quinn Estate, 2018 BCSC 365, which rendered the “pour over” clause in the late Pat Quinn’s (“Pat”) Will invalid. The basis for this decision was twofold:
This blog was written by Teresa Acs – Director, Professional Development & Process Excellence I had the pleasure of participating at last week’s Society of Estate and Trust Practitioners (STEP) Canada Conference. Each year, the conference attendance surpasses the year before, speaking to both the quality and importance of this…
Whether testamentary autonomy is a constitutionally protected right has not been considered by the courts … until now.