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A popular estate planning tool in Canada is under review by Canada’s Department of Finance as part of Economic Action Plan 2013.

As readers are no doubt aware, Budget 2014 introduced significant changes to the tax treatment of gifts made by Will or beneficiary designation.

On November 21st, Sunita D. Doobay of TaxChambers LLP will be a featured speaker at the OBA Trusts and Estates Law Program on "Critical Impacts of the Fair Tax Plan for Your Clients".

Financial institutions are besieged by requests to release the assets of deceased people without a probated Will.

The Budget and Economic Statement Implementation Act, 2007 (Bill C-28) received Royal Assent on December 14, 2007. Bill C-28 contained significant amendments to the rules in the Income Tax Act (Canada) applicable to foreign affiliates of Canadian taxpayers.

Too frequently difficult family or financial situations arise which could have been avoided by a few moments of careful planning.

On March 22, 2012 I had the privilege of speaking at the Eighth Annual International Estate Planning Institute in New York City.

The Lawyer's Daily, "B.C. sees new year changes to estate planning, real estate laws"

In February of this year we issued a number of bulletins describing legislative changes coming into force in 2016 which will have a significant impact on estate planning.

The FBAR has previously been due on June 30th of the next calendar year (June 30, 2015 for the 2014 form).

In this video, Karen Slezak explains general estate planning strategies.

In a recent technical interpretation issued on January 27, 2015, CRA commented on the ability of a surviving spouse or common law partner to share donation credits arising from gifts made by the estate of the deceased spouse.

Tax administration is going global and international cooperation is increasing as revenue authorities develop strategies to counter abusive tax planning.

Canadian residents who are neither citizens, nor residents, of the United States can be subject to US estate tax?

Parliament recently enacted significant changes to the taxation of estates and trusts and charitable giving on death beginning in 2016.

Ontario has changed the rules governing life income funds ("LIFs") and other locked-in accounts. Some of the changes are effective immediately and other changes will be effective January 1, 2008. The new rules provide for partial unlocking and remove the requirement on owners of LIFs to purchase an annuity on reaching age 80.

On October 31, 2011, the Department of Finance proposed changes to the Income Tax Act that effectively put an end to the potentially advantageous tax planning strategy of having an employee agree to provide their services to their employer through a corporate entity (a "Personal Services Business").