There has been significant debate over the years regarding the financial statement presentation of redeemable or mandatorily retractable shares (RoMRS) as either a liability or equity. First, a bit of background When Accounting Standards for Private Enterprises (ASPE) were issued in 2011, it was determined that RoMRS should continue to…
Month: February 2022
Total 15 Posts
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It was 3 years ago this week that I enjoyed my last big trip away; a trip to Japan and Taiwan, that now feels like a life time ago. At that time Japan was leading the field in their use of technology and care robots. They are still leading the…
Today’s Blog was co-written by Jessica Bulter, law clerk at Fasken LLP Holograph Wills have always been a tempting choice for some testators as the requirements are simply that it is written by the testator “wholly” in their own handwriting, signed by the testator at the end of the Will…
This Blog was written by: Gali Gelbart, Estate and Trust Consultant, Scotia Wealth Management One of the most common questions I get asked by clients is if they should add one or more of their children on title to their home or other real estate holdings. A lot of people…
Charitable purpose trusts are given special status in the law. While most other types of trusts must have a clear end date, charitable purpose trusts may live forever. All other types of trusts have to have specific and defined beneficiaries, yet charitable purpose trusts may exist in order to further…