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Latest news in Estate Planning

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Court decision casts doubt over beneficiary designations

A judge found that a father’s RRIF belonged to the estate rather than son named on plan

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Renting to a child while living in long-term care

Find out if your client is still eligible for the PRE

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Cohabitation and property division in Ontario

The pandemic provides an opportunity for client discussion

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Why to avoid a foreign executor

In most cases the additional costs — and headaches — aren’t worth it

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How to unlock a life income fund

If clients need liquidity, there are options

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When does an enduring power of attorney become active?

Knowing the answer will help you and your client prepare for incapacity

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TOSI exceptions for your business-owner client

Find out what the CRA says about investment income and selling a business

New trust reporting and disclosure rules are coming

The idea of a “private” trust will slip from the vernacular in 2021, as the government gains new information

Dealing with no-contest clauses

What is a no-contest clause, and what do executors need to know?

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Common RDSP misconceptions

The Registered Disability Savings Plan requires proper planning

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Second-generation income and TOSI

Find out when your client’s investment income could be subject to the tax on split income

Dealing with an overly broad (or narrow) encroachment clause

Exercising discretion with estate assets in trusts

Avoiding a dependant’s relief claim

A recent court case illustrates the risks that come with longer lives

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Help your farmer clients maintain their tax advantages, Part 3

Be aware of the rules and considerations for a tax-deferred property transfer

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Help your farmer clients maintain their tax advantages, Part 2

Find out the criteria for determining qualified farm property

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Help your farmer clients maintain their tax advantages, Part 1

Avoid these pitfalls to access the lifetime capital gains exemption

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Top 10 tax columns from 2019

From Tax Court drama to cross-border gifts, the most-read articles from our roster of tax experts are still relevant today

  • By: Staff
  • December 23, 2019 December 23, 2019
  • 12:00
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Time-sharing versus fractional ownership

Help your client choose a vacation property with these tips

How to handle a request to encroach on capital

Tips for dealing with estate assets in trusts

  • By: James Dolan
  • November 29, 2019 November 27, 2019
  • 12:00
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What is a ‘related business’ for TOSI purposes?

The answer is not simple, and business-owner clients will need advice

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Golombek’s year-end tax tips

Help your client with timely tax-efficient planning

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Can a surviving spouse split her income with her deceased spouse?

More on pension income splitting for the year of death

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How the CRA takes the life out of life interest trusts

If your business-owner client uses these trusts, special planning is required

  • By: Kevin Wark
  • October 25, 2019 October 25, 2019
  • 13:00
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Are co-executors a good idea?

The pros and cons of two (or more) people managing an estate

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Planning for blended families using trusts

Complex families can have complex needs