Estate Planning

A new formula for tax-efficient philanthropy

Client profile Annabelle Bonheur*, 56, is a biochemist at a major pharmaceutical company and makes $325,000 a year. Her deceased parents left her a large inheritance, which includes shares in two private companies and a three-acre tract of land not far from her home in Oakville, Ont., that will likely be a future hotspot for […]

By Dean DiSpalatro |October 9, 2015

7 min read

Estate Planning

Value a business for divorce purposes

Dave and Sandra have managed a restaurant in downtown Vancouver for the past 12 years. But now the couple is divorcing and wants to sell the business. They need to know the value of their company for a net worth statement. Where should they start?

By Staff |October 9, 2015

6 min read

Estate Planning

Implications of new probate rules in Ontario

Valuing an estate for probate used to be relatively simple in Ontario: executors entered the total value of the estate on the probate application, signed an accompanying affidavit stating the valuation was correct, and that was usually that. Not any more. As of January 1, Ontario executors (known as estate trustees) must file an Estate […]

By James Dolan |October 9, 2015

4 min read