All About Estates

Month: July 2023

Total 14 Posts

Staying Cool is Hard to Do…..

Wow it is hot out there! With temperatures in the 30’s, 40’s and in some places, the 60’s, it can be difficult to enjoy ourselves away from the air conditioning. And as we are well aware, not everyone has access to A/C.  Summer has hit us hard and although  all…

Continue Reading

Estate Planning for The Likes of Taylor Swift: Considerations for Music Artists

With summer concerts, tours, and music festivals in full swing, I thought I would share estate planning considerations unique to music artists (the performing artists and songwriters, unless specified otherwise, the “artist”). I will use Taylor Swift as an example because the Taylor Swift/Scooter Braun controversy is helpful to my…

Continue Reading

The Deceased’s Knowledge of Parentage is a Factor in Dependant’s Relief Claims

Many of us know that a court can make an order for the adequate and proper support of a deceased’s dependants where the deceased has not done so. Part V of the Succession Law Reform Act, RRO 1190, c. S. 26 (“SLRA”) identifies the persons who could be considered a…

Continue Reading

Mobility is a Key Lifestyle Planning Factor

Mobility and being able to move independently is a crucial lifestyle planning factor people often overlook. As families are out enjoying the summer weather and travelling again, we wish more people understood that being able-bodied[1] and independently mobile is a temporary state. Life happens – a car accident or healthcare…

Continue Reading

Breaking Up is Hard to Do – Ceasing to be a Canadian Tax Resident may be Easier Said than Done

This blog has been written by Rahul Sharma, Partner, Fasken Martineau DuMoulin LLP, Toronto My blog posts so far this year have focused on the significant volume of new residents to Canada and the associated tax and legal considerations, particularly where new residents are entering the Canadian tax system with…

Continue Reading

Gifts from RRIFs

I get regular inquiries about donating funds from registered retirement income funds or RRIFs. The value of RRIFs has grown through careful saving and market gains, and these funds may represent surplus wealth. Some RRIF holders resent the requirement to take steadily increasing annual withdrawals from their RRIF. Add a…

Continue Reading

You’ve been served!

The Originating Process One of the first steps taken in any court procedure is service of the originating process. Whether the procedure is by action or application, service of the originating process puts parties and others who may be affected by the outcome on notice that a legal proceeding has…

Continue Reading

Good Monday Morning To You

I am tired of hearing about bad news, forest fires, shootings, untimely deaths and anything else you would like to add to this list.  We all need to find our own zen place- where we can relax and unwind.  For me that is at a golf course.  As strange as…

Continue Reading

Tax Implications and Considerations involving the Death of a Shareholder of a Private Corporation

Today’s blog was written by Pritika Deepak, Associate at Fasken LLP This is the last part of a three-part blog series which provides a broad overview of some of the tax implications to consider, with respect to certain assets held at death. Part I, which addresses RRSPs can be found…

Continue Reading

When Families Collide with Constructive Trusts

Families often fall into patterns and routines; they are comfortable, stable, and predictable. They can also give rise to legal rights over land. The extent and enforceability of those rights is often put to the test following death or divorce. Such was the case in Tomek v Zabukovec, 2020 ONSC…

Continue Reading