A Trust Company is the only legal entity that can act as a trustee by holding property in trust for such functions as executors, trustees, and administrators of estates and personal trusts.
This year’s STEP conference featured over 65 speakers including for the very first time, the IRS spoke on Canadian soil about offshore compliance options including OVDP and streamlined compliance procedures.
The reality is, with the impending transfer of one of the largest amounts of wealth in our history from one generation to the next, we are likely to see a continued up-tick in estate litigation. Along with that there will be the increased need for a neutral party to preserve the assets of the estate during the course of such litigation.
In February of last year, in Carter v. Canada, the Supreme Court of Canada struck down the ban on doctor-assisted dying, and gave the federal government 1 year to instate a law
Although the title of this blog is largely tongue-in- cheek, there is some validity to exploring how trusts can be used to incentivise or encourage the next generation to be successful or at the very least contributing to society in a positive way.
I learned these tips from taking car trips
In a number of previous Blogs, there have been references to famous families feuding over estates. This Blog is about a similar story except that the subject, Sumner Redstone, is still alive at 92 years of age. For those who don’t know, Sumner Redstone is a media mogul. He currently…
I was getting my equipment together for the annual ski trip and it reminded me of a short instructional video about how to destroy a hard drive
It can be tough to be a Trustee when the investment climate isn’t friendly.
In the first half of the 20th century Lionel Conacher was perhaps the most famous for his multiple endeavours, but there are some recent candidates.