Mr. Bon Jovi (we've never met, so I'll not call him Jon just yet) makes a couple of points that are applicable to your estate planning.

On April 26, 2017 with great fanfare the White House announced bold proposals for tax reform, the primary objective of which is to stimulate economic growth.

In our previous blog, "New Trust Reporting and Disclosure Rules," we wrote about the new Canadian trust reporting and disclosure rules which were originally to come into effect in 2021.

Most taxpayers know that when you sell an asset which has increased in value, the federal Income Tax Act provides that you will generally be liable for capital gains tax...

An executor is the person appointed to carry out the provisions in a will, including distribution of the estate. A trustee is the person appointed in a will (in the case of testamentary trusts) or other trust document.

When a loved one passes away, one of the first legal steps in managing their estate can be the need for probate—the court process that confirms the validity of a will and grants authority...

Clients' increased mobility and globalization of their assets are making it much more common for them to own property in, or have connections to, several jurisdictions.

Our clients are increasingly mobile and often have connections to multiple jurisdictions.

If you have assets, prospective beneficiaries, or other connections to foreign countries, you have cross-border or multijurisdictional considerations in your estate planning or administration.

On an intestacy (when a person dies without a will), each Canadian province and territory provides for a mandatory scheme to distribute a deceased person's property, which is typically between their surviving spouse and children, ...

As families become more complex, so, too, does the work for the wills, trusts and estates boutiques.

In jurisdictions where there are high probate fees, like Ontario, using multiple wills in your estate plan is of particular importance. As you may be aware, you can have two wills...

Congratulations—you've started the year by accomplishing an important goal: you've signed your Will! You feel good knowing you've chosen a trusted executor, protected your hard-earned assets for your children, and provided for the people you care about most.

Many of us feel overwhelmed when it comes to keeping our financial affairs up-to-date and in order. Whether it is technological challenges, including accessing the information...

We all know that divorce rates are high, and common law relationships are increasingly, well, common.

It is a well-established principle from the Supreme Court of Canada's 2007 decision, Pecore v Pecore, that there is a presumption of a resulting trust where a gratuitous transfer of property is found.

Life spans are increasing. Consider that in Canada over the last decade alone, life expectancy for those who reach 65 has climbed by two years,

When it comes to succession matters, the law is very different between common law and civil law jurisdictions.

It is likely an understatement that worldwide there is a sense of trepidation among taxpayers on what measures governments will take to raise tax revenues to pay for the pandemic...

There are a variety of non-tax and tax reasons to support charities. When deciding which charities to benefit, many Canadians have philanthropic objectives that extend beyond the border.