Estate Planning

Help clients keep their cottages Fallback Image Decorative pattern

Estate Planning

Help clients keep their cottages

Succession planning for the cottage is complex, especially when it’s to be shared by multiple family members who all have an emotional attachment. For many cottage owners, values have increased so significantly that their children may be forced to sell it just to pay capital gains and probate taxes.

By Mike George |August 1, 2011

7 min read

Do’s and don’ts for advising trusts Fallback Image Decorative pattern

Estate Planning

Do’s and don’ts for advising trusts

Reader Alert: This is a follow-up story to ‘Puppet Trustees’ Get a Second Chance. Two lower court rulings in the Garron Family Trust et al. v. The Queen case established central management and control of trust assets, rather than the residence of trustees, as the key test for determining the residence of a trust. That […]

By Dean DiSpalatro |July 8, 2011

5 min read

Sandwiched boomers must work longer Fallback Image Decorative pattern

Estate Planning

Sandwiched boomers must work longer

Caught in the financial crunch of caring for children and parents, many baby boomers could be struggling to find a balance between dreams and duty when they retire.

By Staff |June 23, 2011

2 min read

Due diligence can prevent estate litigation Fallback Image Decorative pattern

Estate Planning

Due diligence can prevent estate litigation

Poor choices made by financial planners in connecting their clients to wills and estate lawyers can, and often do, result in lengthy and expensive estate litigation. Solicitor negligence is not something that people like to talk about, but it can be a problem, said Markham-based Andrea Kelly, barrister and solicitor, speaking at the CIFPs’ 9th […]

By Vikram Barhat |June 17, 2011

4 min read