This blog post was written by: Mario Gravel, Estate and Trust Consultant, Scotiatrust Ottawa Allow me to share a story of a client interaction with you. Dear client, do you know how important it is to have a proper legal Will? Yes. Check. You also know about the peace of mind…
This blog post was written by: Rafia Babar, Associate Estate and Trust Consultant, Scotiatrust Calgary Legacy planning is not the same for every family. It is especially unique for South Asian families as it often intertwines with cultural norms, religious beliefs and deeply rooted family dynamics that differ from…
This blog post was written by Dave Madan, Senior Manager, Scotiatrust Amazon Prime Day is here—and it’s a siren song of “unmissable deals” on everything from smartphones and tablets to noise‑cancelling headphones and smart doorbells. But as professionals know, a shiny new gadget can bring hidden headaches: data breaches, estate‑planning…
This blog post was written by: Patricia Chartrand, Estate and Trust Consultant, Scotiatrust Vancouver Scandinavian death cleaning is the act of purging the superfluous and keeping the necessary in anticipation of your passing. The result is leaving the smallest physical footprint upon passing. It takes much less effort for your…
This blog post was written by: Holly Van Schouwen, Estate and Trust Consultant, Scotiatrust Victoria It’s a sad time, A parent has passed on and the adult children are reviewing the Will. One or more of the children are named to provide oversight in distribution of personal effects (articles). This…
This blog post was written by: Derek Hambly, Estate and Trust Consultant, Scotiatrust London In part one of this post, posted on June 5th we discussed that if your cottage is not also a qualified farm or fishing property, avoiding capital gains entirely can only really be done by declaring…
This blog post was written by: Derek Hambly, Estate and Trust Consultant, Scotiatrust London It is that time of year again when cottages, cabins and recreational properties are top of mind. Sitting in traffic getting out of town to get to the lake doesn’t seem so bad when your home-away-from-home…
This blog post was written by: Ophely Karam, Estate and Trust Consultant, Scotiatrust Montreal Common-law union has become a predominant form of partnership in the province of Quebec, distinguishing it from other provinces in Canada. In 2021, 42.7% of couples in Quebec lived in a common-law union, this is 2.5…
This blog post was written by Alicia Mossington, Estate and Trust Consultant, Scotiatrust London Executors in Ontario are often required to obtain a Certificate of Appointment of Estate Trustee (colloquially and historically referred to as “probate”). Although Estate Administration Tax (“probate tax”) is applicable across many jurisdictions in Canada, it…
This blog post was written by Hannah Zip, Estate and Trust Consultant, Scotiatrust Toronto People over the age of 65 accounted for 19% of the Canadian population in 2023, according to Statistics Canada. This diverse and growing group of individuals commonly encounters ageism, one of the remaining socially accepted “isms”….