June 2024

YOU ARE HIRED…WAIT, DID I EVEN APPLY?

• • 8 Comments

This blog has been written by Sandra Arsenault, Law Clerk at Fasken Martineau DuMoulin LLP No, you likely did not. Most people don’t apply to become an executor of an estate. An executor is responsible for administering the estate of a deceased person from the date of death until all debts are paid and all assets of the estate are realized and distributed in accordance with the terms of the….

YOU ARE HIRED…WAIT, DID I EVEN APPLY? Continue Reading »

Estate Administration, Estate Planning, Executors, Wills

Make it a habit: Searching title for real property when doing estate planning

• • 1 Comment

Today’s blog was written by Kelsey Buchmayer, associate with the Ottawa office of Gowling WLG (Canada) LLP There are several benefits to searching title for your client’s real property when initiating their estate planning. For instance, you can confirm title is held as your client understands it to be and you can also assess whether planning opportunities such as probate strategies are available to your client in relation to their….

Make it a habit: Searching title for real property when doing estate planning Continue Reading »

Estate Planning, Real Estate, Wills

Insights into Resolving Care Disputes – POAs for Personal Care – Part 3

• • 0 Comments

On June 20, 2024, I attended the annual Ontario Bar Association’s Elder Law Day, where several informative presentations noted the rise in personal care disputes. Speakers also explored approaches that lawyers might consider to manage these disputes. The presentations triggered me to write about common issues we see related to the Power of Attorneys for Care. I also offer considerations to help lawyers and advisors deal with personal care disputes…..

Insights into Resolving Care Disputes – POAs for Personal Care – Part 3 Continue Reading »

Caregiving, Elder Care, Elder Management, Family Conflict, Power of Attorney

The Next Succession? Lessons from a family estate gone wrong…

• • 1 Comment

Today’s blog was written by Karen La Caprara, Counsel, at Fasken Martineau DuMoulin LLP. This being my first All About Estates blog, I thought I would make it a personal one. So, as an introduction, I decided that I would share my family experience that contributed to my decision to practice in the area of wills and estates.[1] I won’t get into the nitty gritty of all that went down,….

The Next Succession? Lessons from a family estate gone wrong… Continue Reading »

Estate Administration, Estate Planning, Executors, Family Conflict, Trustee, Wills

Corporately-Owned Insurance, Redemption Obligations and the U.S. Supreme Court

• • 0 Comments

Canadian estate and tax advisors may want to consider the case Connelly v. Internal Revenue Service, No. 23-146[1] (U.S. 3/27/24).  The U.S. Supreme Court (“SCOTUS”) issued its decision on June 6th and it serves as a good reminder of the implications of corporately-owned life insurance in the context of cross-border tax and estate planning for Canadian estates. The issue focused on the estate tax treatment of corporately-owned life insurance proceeds….

Corporately-Owned Insurance, Redemption Obligations and the U.S. Supreme Court Continue Reading »

Estate Planning, Insurance, IRS, Tax Issues, U.S. Citizen, United States, US Taxes, valuation

When Parent and Child have a Joint Bank Account: Who Receives Funds upon Parent’s Death?

• • 0 Comments

This blog has been written by Lily MacLeod [Associate] at Fasken LLP It is common for an elderly parent to set up a joint bank account with their adult child. This enables the child to help manage the parent’s finances freely and efficiently (either as the parent’s attorney for property or more informally). Some families may assume that title to the account funds will pass to the adult child by….

When Parent and Child have a Joint Bank Account: Who Receives Funds upon Parent’s Death? Continue Reading »

Elder Law, Estate Administration, Estate Administration and Probate Applications, Estate Litigation, Estate Planning, Guardianship, Resulting Trust, Succession Planning, Trusts, Wills
Scroll to Top