All About Estates

An Introduction and Some Reminders about Charitable Gifts

  Today’s blog was written by Yvonne Mazurak, Associate at Fasken LLP   Hi AAEB community! This is not my first time contributing to the blog, however, it is my first time writing as a newly licensed lawyer and I thought I would take this opportunity to introduce myself. I…

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When Is A Signature Not A Signature?

Under the Succession Law Reform Act (SLRA), a will or codicil must be “signed” to be valid. The case of BMO Trust Company v. Cosgrove, 2021 ONSC 5681 considered what handwritten form of a person’s name constituted a signature. Nola Louise Bogie hired a lawyer to prepare her will. However,…

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Balancing Work and Care

As school resumes and as businesses  are starting to offer the option of going into an office, I thought I would address another important topic, which is balancing work and caregiving. I always review my previous blogs and my very first blog with allaboutestates was eleven years ago on this…

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Assessing Drake’s Estate Planning Needs

As a Toronto native, I couldn’t help but listen to rapper Drake’s highly-anticipated new album Certified Lover Boy, which he released just a few weeks ago. In fact, it has been enjoying record-breaking streaming numbers from music fans around the world, amassing a staggering 153 million global Spotify streams in…

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Vacation Property – Keeping it in the family

This Blog was written by Natalie Melanson, Estate and Trust Advisor at MD Private Trust Company which is part of Scotia Wealth Management As we are now nearing the end of September, we know or hear of many people who are in the middle of closing up their vacation homes for the…

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Restricted Charitable Bequests

One the biggest trends in philanthropy of the last thirty-years is the rise of donor-directed or restricted giving.  Donors want more control, which typically results in more restrictions being placed on gifts. But there are risks of placing restrictions on a charitable gift by will. Failure and Cy Pres Simply,…

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INSURANCE TRACKING SHARES

If a taxpayer owns shares of a corporation and passes away, he or she is deemed to have disposed of their shareholding at fair market value (“FMV”) unless a tax-free rollover is applied (e.g., rollover to a surviving spouse). The disposition of shares may cause a tax liability. In the…

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World Alzheimer’s Awareness Month 2021

September is World Alzheimers Awareness Month and the  21st is World Alzheimer’s Awareness Day.  Alzheimers is a  health crisis, in my view , that impacts everyone and one that is not based on culture, gender, ethnicity, or social economic background.  Alzheimers is the most common form of dementia and one…

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Don’t let your favourite TV show fool you…

Today’s blog was written by Courtney Lanthier, law clerk at Fasken LLP I was watching a show recently where, when a character passed away, he left his family a video message that included how he wanted to divide his estate. As someone who recently started drafting wills and working through…

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Limitation Periods and Fraudulent Concealment

Missing a limitation period can be highly detrimental to any case. But, what happens when the party simply does not know he or she has a claim, as a result of the conduct of another? This issue, among others, was addressed in the recent Ontario Court of Appeal decision, Beaudoin…

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