Today’s blog post was written by Pritika Deepak, an Associate at Fasken LLP. This is Part II of a three-part blog series which provides a high-level overview of some of the tax implications to consider, with respect to certain assets held at death. Part I, which addresses RRSPs can be…
Month: April 2023
Total 16 Posts
This post was written by Diana Leopardi Consider this question: would you carry an umbrella on a sunny day? A Mandate in the event of incapacity is like carrying an umbrella on a sunny day, with no intention of using it but grateful to have the umbrella in the event…
Capacity is a key component of estate litigation, especially in guardianship and attorneyship disputes. Questions of when someone has begun acting as an attorney for property and whether a person had the requisite capacity to designate a party as their attorney are some of the ways this issue plays out….
As we reach the end of this blog series about ChatGPT, I’m reminded of Jeopardy! legend and now co-host Ken Jennings. In the finale of a three-day tournament pitting him against the IBM supercomputer Watson, Ken wrote, as part of his final answer “I, for one, welcome our new computer…
A testator must have knowledge and approved of the contents of her will. This is one of the requisite elements for proving a will in a solemn form. Knowledge and approval, and its closely related cousin of due execution, is generally viewed as an easier test to meet compared with…
The Elder Care Planning Framework In March 2023, I was a panellist at the Ontario Bar Association’s Elder Law Day, where Dr. Richard Shulman and I spoke about decision-making capacity. In preparing our presentation, we developed this tool to aid in planning decision-making for elder care management and related financial,…