Did the 2016 BC Budget put “bare trust” planning in jeopardy?
2016 BC budget potentially signals plans to apply property transfer tax to beneficial transfers.
The Even-Hand Rule
Executors must remember their obligation to treat all beneficiaries of a will equally.
Vested versus Contingent Interests
Recent case endorses longstanding preference of holding that an interest has vested, if the language of the will can support that interpretation.
Court Removes “Ill-Mannered” Administrator, Sanctions Him With Special Costs
A court can remove an administrator if necessary for the welfare of the beneficiaries of the estate.
8 Things You Should Know About TFSA and RRSP Designations
Beneficiary designations on your TFSA and RRSP have a few options that you may not be aware of.
When Should You Update Your Will?
Significant life events are opportune times to update your will.
How to make a group gift like Coach Dean Smith’s
Suggestions for making gifts to many people, like a coach who left $200 to each of his former players.
Young Estate (Re) v. Szabo – Is there sufficient evidence that a gift was intended?
Many factors impact the determination of whether a transfer was a gift or created a resulting trust.
What does it mean to be a fiduciary?
Fiduciaries, such as executors, have significant obligations to uphold.
What happens when a beneficiary is criminally responsible for the deceased’s death?
Persons cannot benefit from their own crime, even through inheritance
Revoking a Will – Destruction of a True Copy Not Sufficient
Detroying true copy does not revoke will when original known to be safe elsewhere.
Testamentary Trusts and Why You May Need One
Testamentary trusts can be a useful estate planning tool for a wide range of individuals