Beneficiaries could be hit with unexpected income inclusions
Recent case shows the consequences of not seeking advice
A reader asks, and we answer.
Trusts and total return investing in challenging times
The courts have ordered proceeds to be paid to someone other than the designated beneficiary.
Clients can use their wills to make designations
In this case, the taxpayer prevails
Clients should know that financial institutions administer their customers’ TFSA accounts differently, and subtle differences could cost accountholders.
Tips for using wills and lifetime gifts correctly.
If families are struggling with estate and trust litigation, or with assisting an incapacitated relative, they can get help.