Margaret O’Sullivan is founder of O’Sullivan Estate Lawyers LLP.
If clients separate or divorce, you’ll need to make sure their estate plans are updated in a timely manner.
Clients with disabled family members often provide for their care in estate plans
How the process works
If your clients own U.S. securities, their executors may have to pay U.S. estate tax when they die
Many advisors don’t realize clients have to revisit estate plans when they move to other provinces and territories. While taxation rules on death are generally the same across Canada, other family laws aren’t. Here’s what to consider.
For clients older than 65, some trusts can help with succession planning.
Joint ownership of property is a popular estate planning tool. Here's how to use it right.
One effective way to use a trust structure to minimize tax for an estate and its beneficiaries is to income-split by using multiple trusts in a will.
Here’s how to use an inter vivos trust (a trust created while the donor is alive to hold property for the benefit of others – usually family members) for income splitting.